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Published 1 year ago

Celtic Tiger-era Cork property developer escapes debts of €170 million in record court deal

Summary by Ground News
Barry Harte applied for a personal insolvency arrangement (PIA) from Mr Justice Alexander Owens. He will write off legacy debts from his collapsed property portfolio that was worth, at peak, about �650 million. The deal will result in unsecured creditors receiving just 0.042 per cent of what they are owed.

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