Priory Hall developer Tom McFeely has been declared bankrupt by the High Court.
Theresa McGuinness from Rush in Co. Dublin brought the petition against the 63-year-old over the failure of his former company Coalport to pay 6-figure damages awarded over structural faults to a property.
The UK bankruptcy of Mr. McFeely was recently overturned when the British courts were informed bankruptcy proceedings were already underway in Ireland.
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The High Court has ruled that the business interests of the developer are centred in Ireland and not the UK.