Bankruptcy petition against former property fund director Stephane Fund regarding a €1.85m debt may not proceed due to shared settlement terms.

A bankruptcy petition against former property fund director Stephane Fund, concerning a €1.85m judgment debt, might not proceed as settlement terms have been shared between the parties, the High Court heard. Fund and former Irish rugby international Brendan Mullin were co-directors of Bisvale DAC, which went into receivership in 2021. Mount Street Mortgage Servicing Limited (MSMS) brought petitions seeking to have both men adjudicated bankrupt. The petition against Mr Mullin was struck out in April with consent from him and the company.

July 01, 2024
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