Bankrupt developer Sean Dunne has launched an Isle of Man salvo following the "secret" sale of a million euro property near the K Club. Freezing orders mean the proceeds cannot be dissipated.
A US court has dismissed Sean Dunne's attempt to stop proceeds from the sale of Walford from being used to settle a multi-million damages award against his ex-wife Gayle Killilea after a jury found he fraudulently transferred the property to her. The bankrupt claimed the proceeds were meant for his children.
In a US lawsuit, the bankrupt developer claims proceeds from the €14m sale of Walford on Shrewsbury Road rightfully belong to the offspring of his second marriage and cannot be used to settle the legal liabilities of his former wife Gayle Killilea.
Yesreb, a Cypriot registered firm linked to Sean Dunne that once owned Walford, has issued High Court proceedings against the Irish tax authority over a €1.4m tax dispute.
For years Ireland’s most expensive home has been at the heart of an epic courtroom asset battle involving bankrupt developer Sean Dunne. Now the former owners of the Dublin 4 mansion have been landed with a €1.4 million tax bill.
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