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Friday 3 February 2023 Dublin: 9°C

# Bankruptcy

Last year
2022
# UK
Former Wimbledon champion Boris Becker jailed for two-and-a-half years over bankruptcy charges
The former world number one, 54, was jailed for hiding €2.9 million worth of assets and loans to avoid paying his debts.
# sandy hook
Conspiracy website Infowars files for bankruptcy as Alex Jones faces libel lawsuits
Jones previously claimed that the Sandy Hook school shootings did not happen.
All time
# court hearing
Former glamour model Katie Price tells bankruptcy hearing she has 'lost everything'
Price also told the court her son Harvey had been admitted to intensive care.
# Historical Abuse
Boy Scouts of America files for bankruptcy amid thousands of cases of alleged sexual abuse
The 110-year-old organisation is facing a huge compensation plan for abuse victims.
# Rejuvenated
3 years after going bust, Parma back in Serie A
It was their third successive promotion after being dumped into the fourth division.
# Bankruptcy
Official tells court that Sean Dunne is owner of €58 million Dublin 4 property
Dunne denies being the owner of the property and says it was bought in trust for his wife.
# san juan
US territory of Puerto Rico wants to go bankrupt over $70 billion debt
The island’s poverty rate is over 45%.
# bankrupt TD
Can Mick Wallace still be a TD after being declared bankrupt today?
Wallace said that the court’s decision to declare the Wexford TD bankrupt “was just a matter of time”.
# fresh start
New scheme will see 793 people walk away from bankruptcy today
A new scheme will also be offer free advice from personal insolvency practitioners.
# ibrc
David Drumm has dismissed his entire legal team
He will now represent himself.
# Gayle Killilea
Seán Dunne's wife won't profit from the sale of luxury hotel
South Africa’s top court made the decision last week.
# End of the line
Tony O'Reilly is going bankrupt in the Bahamas
The former billionaire is expected to apply for the court protection today.
# get rich or die tryin
50 Cent didn't take too kindly to being called 'broke'
The rapper was reported to have declared bankruptcy in July. But he’s still doing OK…
# Extradition
David Drumm has been arrested in the US
The former Anglo Irish Bank CEO will appear in court on Tuesday for an extradition hearing.
# get rich or go bankrupt
50 cent doesn't have a dollar to his name
No, we won’t be partying like it’s your birthday.
# Centsless
50 Cent declared himself bankrupt and the internet quickly reacted
You can always count on the internet for witticisms at times like this.
# Broke
Over 500% increase in people being declared bankrupt
There has been a 568% increase in the number of bankruptcy adjudications before the courts.
# sharp legal mind
It sounds like David Drumm has backed himself a winner
The ex-Anglo chief has a new defence lawyer who boasts a 90% win rate in white collar crime trials.
# drummer boy
David Drumm isn't giving up on his bid to go bankrupt in the US
The former Anglo CEO filed appeal papers last night.
# insolvency
Thinking of going bankrupt? It's a lot cheaper than it used to be...
The cost is now less than a fifth what it was two years ago.
# Anglo
The interesting bits you need to read from the David Drumm ruling
Harsh words.
# Lies Damned Lies
Full judgement: What the US judge ruled on former Anglo boss David Drumm
The 122 page ruling is damning in its assessment of Drumm’s testimony.
# Anglo
US court calls David Drumm on his "outright lies" as he fails in bankruptcy bid
The judgement was delivered earlier today, calling the Anglo CEO “not remotely credible”.
# Bankruptcy
Irish people in debt are still looking to the UK to fix their money problems
Only 311 insolvency applications have been approved to date in Ireland.
# going under
Bankruptcies have increased more than 750% since four years ago
New figures also show a rise in start-ups and a fall in the number of businesses going under.
# this ain't over
Nama and Ulster Bank block Sean Dunne's bid to dismiss bankruptcy
Showdown…
# Baron of Ballsbridge
Sean Dunne's bankers want to seize his Shrewsbury Road mansion
The bank says it is owed over €12 million for a property it values at €4 million.
# Motoring Back
Detroit to find out today if it can exit bankruptcy
The city has started turning itself around after filing for bankruptcy protection last year.
# Hardball
Stop paying your mortgage. Don't leave your home - new advice from the IMHO
The IMHO is playing hardball, and will today launch a controversial ‘no surrender’ policy on debt solutions.
# Anglo Irish Bank
Explainer: David Drumm's trial continues in the US - but what's it all about?
It’s day two and Drumm has already admitted to forgetfulness and lying.
# Bankruptcy
Sean Dunne's wife could be questioned during bankruptcy case
The court has also ordered the former developer to produce more financial documents within the next two weeks.
# Bankruptcy
Former Anglo boss David Drumm facing fraud allegations in America
An itemised list of allegations of fraud was handed to a judge yesterday ahead of his bankruptcy trial.
Voices
Opinion: Don't let the word 'bankruptcy' scare you, it is now a viable option
Bankruptcy is a recognition and embrace of failure. If properly understood people can emerge from it stronger than before, writes Ross Maguire SC.
# Bad Bank
Insolvency chief blasts Bank of Ireland
The state-backed lender’s refusal to engage with personal insolvency legislation is in the crosshairs.
# Election 2014
Jillian Godsil to run in European elections after scrapping of law barring bankruptees
At the end of February Jillian Godsil was declared bankrupt in Ireland.
# End of the road
MtGox abandons its plans to rebuild and files for liquidation
If the Tokyo court approves of MtGox’s request, a trustee will be appointed, who will take over management of the company’s assets from its CEO, Mark Karpelés.
# no stigma
Ban on bankrupts running for Dáil to be lifted
A government spokesperson said that this was an “essential destigmatisation”. .
# Courts
Bankrupt Jillian Godsil takes constitutional challenge to run in elections
The campaigner is fighting to be allowed run in upcoming elections, despite her bankruptcy.
# Bankruptcy
Bitcoin exchange MtGox files for US bankruptcy protection
The move temporarily suspends US legal action against the company which the company claims will cost it significantly.
# Game Over
Bitcoin exchange MtGox files for bankruptcy after major theft
MtGox’s debts totaled more than $65 million and its chief executive said 850,000 bitcoin, worth several hundred million dollars, are unaccounted for.