Publican Jay Bourke seeking €12.5m debt write-off

bank notes bills bronze cash - debt write-off

18 November 2021

Well-known Dublin publican and restaurateur Jay Bourke wants a court to approve a personal insolvency arrangement writing off around €12.5m in debt and allowing him to retain his family home.

Mr Bourke’s application was transferred to the High Court by Judge Verona Lambe of the Circuit Court due to the size of his debts.

The 55-year-old businessman, with an address in Rathmines, has been a fixture on the Dublin hospitality scene for some time, and has operated establishments such as Rí Rá, Eden Restaurant, Café Bar Deli, Pantibar and The Globe.

But he has run into difficulties in recent years.

In 2017 the High Court disqualified him from acting as a company for seven years arising out of the liquidation of the former Shebeen Chic pub on South Great George’s Street.

He was also the manager of the Berlin D2 bar on Dame Street when it was at the centre of controversy over a boozy brunch event in August last year at which social distancing regulations were breached.

The incident led gardaí to successfully object to the renewal of its licence, a decision which is being appealed.

Mr Justice Mark Sanfey agreed to the transfer of Mr Bourke’s personal insolvency proceedings to the High Court.

Under an arrangement devised by personal insolvency practitioner John O’Callaghan of KPMG, Mr Bourke would have his mortgage restructured and paid off in full.

The property is thought to be worth around €1.3m.

Mr Bourke would also pay off in full debts of around €558,000 owed to the Revenue Commissioners, which is a preferential creditor.

However, other creditors would see debts owed to them significantly written down.

The Revenue has filed a petition to bankrupt Mr Bourke, but this was adjourned to allow him seek protection from creditors and come up with a personal insolvency arrangement.

Barrister Keith Farry, for the practitioner, said the Revenue and Mr Bourke’s mortgage lender had both agreed to the personal insolvency arrangement.

However, a large unsecured creditor voted against it at a creditors’ meeting in October, meaning it could not be passed.

The High Court now has to decide whether to overturn that objection.

The case is expected to return to the court within the next month.

If you would like an assessment of a claim, you can use the online form available here without obligation or alternatively you can use the automatic claim calculator.

Follow us for the latest updates & news

Recent News

Northern Ireland exam board boss wins £100,000 settlement

Northern Ireland’s Council for the Curriculum, Examinations and Assessment (CCEA) has paid a substantial settlement to its former interim chief executive who complained of sex, race and age discrimination and constructive dismissal. The sum paid to Margaret Farragher,...

Catriona Crumlish v Health Service Executive – Court of Appeal

On Oct. 15th, The Court of Appeal upheld the High Court decision against Caitriona Crumlish in her claim against Letterkenny University hospital. The plaintiff alleged that there was a failure to detect and diagnose breast cancer in May 2017 resulting in an alleged...

Recent Articles

Psychological Injury

Nervous Shock I The law allows recovery of damages for so called nervous shock, within certain parameters and subject to limitations.  Nervous shock is the most commonly used legal label for psychiatric or psychological injury. Psychiatric injuries include...

Public Authorities and Negligence

Powers and Duties In broad terms, public authorities are subject to civil liability for negligence and other civil wrongs, in the same way as private individuals and companies.  The State and other public bodies are responsible for the actions and omissions of...

Duty of Care (Part 2)

Limits to Neighbour Principle The famous neighbour principle re-stated the general basis of liability in negligence. It stated, that “you must take reasonable care to avoid acts or omissions which you can reasonably foresee would be likely to injure your...

Duty of Care (Part 1)

Meaning of Negligence I Negligence is used in a number of senses.  In one sense, it refers to a person’s state of mind.  An act is negligent, where it is done without giving due weight to the risks involved.  A person  (and his state of mind) may...

Join our Panel

You May Also Like...