Sean Dunne’s Bankruptcy Trustee Lifts Legal Claim Over Shrewsbury Road Mansion

Seán Dunne’s Irish bankruptcy trustee has agreed to lift a legal claim registered over a valuable Dublin 4 property which was sold for €14.2 million more than three years ago, the High Court has heard, The Irish Times reported. The agreement by Official Assignee Chris Lehane to lift the lis pendens registered by him over ‘Walford’ on Dublin’s Shrewsbury Road, and to consent to a declaration that a trust set up for the benefit of the children of financier Dermot Desmond has acquired good title to Walford, was made under settlements of proceedings arising from Dunne’s Irish bankruptcy and issues over the ownership of Walford. Mr Dunne had paid a record €58 million for Walford in 2005 at the height of the boom under a trust set up for his second wife Gayle. The couple are now estranged. Read more