Independent TD Mick Wallace has been adjudicated bankrupt at the High Court on foot of a 2 million judgment. Mr Wallaces total debts exceed 30 million, a court in Dublin has heard
Ms Justice Caroline Costello today granted the bankruptcy petition by Promontoria (Aran) Ltd fund arising from a 2m judgment obtained after the fund took over the TDs debt to Ulster Bank.
Promontoria is owned by US fund giant Cerberus, the fund at the centre of allegations made in the Dáil by Mr Wallace concerning the acqu…
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