"A US court has decided to delay the distribution of money recovered from the estate of bankrupt property developer Sean Dunne after objections were raised by the businessman."
"A federal judge in Connecticut had been set to rule yesterday on a trustee's report advising the distribution of around €23.4m recovered during the 12 years since Carlow-born Mr Dunne (71) filed for bankruptcy there."
On a federal court docket in Connecticut, a judge decided to delay distributing funds recovered from Sean Dunne's estate. The distribution had been advised by a trustee and amounted to around €23.4m. Those funds were recovered during the 12 years since Dunne, a Carlow-born businessman aged 71, filed for bankruptcy in the court. A ruling on the trustee's report had been scheduled for yesterday. Dunne raised objections to the proposed distribution. As a result of those objections, the judge postponed the decision on how the recovered funds will be allocated.
Read at Irish Independent
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