Bid to have former rugby player Brendan Mullin adjudicated bankrupt struck out

An utility to have businessman and former Irish rugby worldwide Brendan Mullin adjudicated bankrupt over an alleged €1.8m debt has been struck out by the Excessive Court docket on consent of the perimeters.

Mr Justice Liam Kennedy on Monday granted the strike out utility, made by barrister Úna Nesdale, for the petitioner, Mount Road Mortgage Servicing Restricted (MSMS).

The decide was advised by senior counsel Richard Kean he was showing for Mr Mullin and was consenting to the strike out order being made.

MSMS final 12 months introduced petitions looking for to have Mr Mullin (60), with an tackle at Stillorgan Street, Donnybrook, Dublin, and Stephane Fund (56), with an tackle in Kilternan, Co Dublin, a former enterprise associate of Mr Mullin, adjudicated bankrupt.

The petition towards Mr Mullin, which had been adjourned numerous instances, is now struck out.

The proceedings towards Mr Fund stay within the Excessive Court docket chapter checklist and are due again earlier than the court docket in two weeks time.

Each males had been co-directors of Bisvale DAC, a property growth fund, which went into receivership in 2021.

MSMS had obtained judgment from the Excessive Court docket for some €2m towards each males in April 2022, arising from ensures regarding loans made to purchase properties in Ballsbridge from the Nationwide Asset Administration Company.

In a press release issued on Monday on behalf of Mr Mullin, a spokesperson mentioned: “The proceedings towards Brendan Mullin have been struck out and withdrawn. This addresses and expunges all actions between the events, together with the earlier judgement order and concludes the matter. Brendan Mullin welcomes this passable conclusion to the matter.”