Mr Smyth’s assets once included penthouse apartments at an exclusive address in New York, and high-profile commercial property in London and Dublin.
His bankruptcy effectively marks the final disintegration of his empire, which has unravelled over the past few years.
Mr Smyth’s wife, Ita, has also been declared bankrupt.
The businessman is the founder of the Unique menswear chain, which he started in the 1970s.
Among his trophy assets were six penthouse apartments at the exclusive Centria building in Manhattan.They commanded views of St Patrick’s Cathedral, the Empire State Building, and Rockefeller Plaza. In 2011, AIB seized control of a 100m building owned by Mr Smyth on London’s Oxford Street.
AIB also appointed receivers…
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