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Thursday, October 17, 2024

Solicitor whose property portfolio collapsed has €2.6m in debt written off by High Court

Creditors are to get just 1.7pc of what they are owed under deal

Revenue is among Bernard Murphy’s creditors. Photo: RollingNews.ie

A solicitor who got into financial difficulty after the value of his property portfolio crashed has had €2.6m in debt written off by the High Court.

The personal insolvency arrangement (PIA) for Bernard Murphy (55) was approved this week by Mr Justice Alexander Owens.

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