During the trial of Coan et al. v. Dunne et al., Attorney Thomas H. Curran, representing Chapter 7 Trustee Richard M. Coan, uncovered a complex scheme by the once-prominent Irish businessman Sean Dunne to fraudulently transfer tens of millions of dollars worth of monies, assets, and funds. The most notable and valuable asset transferred was a luxurious piece of land in Dublin, Ireland, known as “Walford,” purchased for over 50 million euros in 2005. Leading up to the trial, Dunne had concocted a narrative about placing the land into a trust for his now ex-spouse, Killiea prior to his financial woes. Moreover, Dunne alleged that the property was purchased in trust solely for his then-wife, was her asset, and was unrelated to the bankruptcy proceedings. Following years of rigorous trial prep and battles of experts, Attorney Curran successfully refuted Dunne’s ownership claims and offered comprehensive evidence revealing that the fraudulent transfer involved several fabricated documents, including a forged ‘Declaration of Trust,’ and Dunne undoubtedly was the beneficial owner of Walford in his individual capacity until he fraudulently transferred it the same day that he filed for bankruptcy. After this paramount revelation, Dunne attempted to rehabilitate his credibility by claiming he managed only some of Killilea’s assets in the United Kingdom, United States, and South Africa, but their financial holdings were entirely separate. Nevertheless, Attorney Curran once more negated Dunne’s protestations that Walford was unrelated to the proceedings and delivered ample evidence that conclusively confirmed that Dunne made the constructively fraudulent transfer of Walford to Killilea to hinder, delay, or defraud his creditors, securing a triumphant jury award for the Trustee.
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