The High Court has approved the write-off of about 12 million in debt owed by Pia Bang Stokes and her husband, Jeffrey Stokes, who previously ran the Unicorn restaurant in Dublin.
Ms Justice Marie Baker signed off on a personal insolvency arrangement for the couple, freeing them of the bulk of their debts in return for the lump-sum payment of 145,000.
The bulk of that money will go to their biggest creditor, Dunbar Assets, formerly Zurich Bank, which is owed almost 9 million, and to Revenue.
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