Bankrupt developer's wife awarded €9000 per month living expenses

DebDynamite · 13-11-2013 10:30PM #1

Wife of bankrupt developer Larry O’Mahony - a former business partner of Priory Hall developer Thomas McFeely - has been awarded €9000 living expenses:

www.irishtimes.com/news/crime-and-law/developer-s-wife-awarded-9-000-a-month-expenses-1.1593800

This included some €3,000 to €3,5000 monthly costs of renting a four bedroom home in Dublin 4; €1,644 school fees and extra-curricular expenses for her three children; about €820 to cover monthly car expenses and €165 for a golf subscription.

God forbid they might have to rent a house in Dublin 5 or drive a 6 year old mid-range family car :eek:

It seems it really is one rule in this country for the haves and the have-nots.

Sky King · 13-11-2013 10:32PM

900 or 9000?

Actually I don't care either way...

flutered · 13-11-2013 10:33PM

cut backs are only for the working poor, the disabled and their cares the unemployed.

WilyCoyote · 13-11-2013 10:43PM

I presume NAMA (the taxpayer) is footing the bill. Has anyone inquired about the logic of this? How can it stand up?

EuropeanSon · 13-11-2013 10:44PM

So she is getting the equivalent of a €190k wage from his frozen assets (190k after tax is about 108k)? That's disgusting.

13-11-2013 10:45PM

It's easy to judge but we don't have to live her life.

Vizzy · 13-11-2013 10:47PM

Deleted User wrote: »

It's easy to judge but we don't have to live her life.

No - but I'd like to !!

Boombastic · 13-11-2013 10:49PM

So what does she actually do to earn this??

ted1 · 13-11-2013 10:50PM

Over 800 euro a month for a car, they live in D4, great public transport around there.

Shame on the judge.

Ace2007 · 13-11-2013 10:50PM

WilyCoyote wrote: »

I presume NAMA (the taxpayer) is footing the bill. Has anyone inquired about the logic of this? How can it stand up?

Somewhere along the lines of she claims the money is hers, this has to go to court to be proved either way - this could take a few years, does she therefore have to change her way of living until this is sorted out.

If proved in 2 years time that the money was hers then I assumed it would have been unlawful that it was frozen without given her what she asked for in monthly payments, i.e. the 9k.

Obv I don't agree with it, but you can kinda see where she is coming from.

theblaqueguy · 13-11-2013 10:51PM

What a ****ing joke!

Timmyctc · 13-11-2013 10:51PM

Throw another peasant on the fire lads she's getting cold

WilyCoyote · 13-11-2013 10:52PM

ted1 wrote: »

Over 800 euro a month for a car, they live in D4, great public transport around there.

Shame on the judge.

Have you tried to do your weekly grocery shopping in Donnybrook Fair? And then pay a parking fine after you come out? Obviously not :rolleyes:

miss tickle · 13-11-2013 10:53PM

Is the ruling because they are unsure who actually owns the money, or is it based on her current needs, because if the latter is the case this could open a huge can of worms.

WilyCoyote · 13-11-2013 10:53PM

Ace2007 wrote: »

Somewhere along the lines of she claims the money is hers, this has to go to court to be proved either way - this could take a few years, does she therefore have to change her way of living until this is sorted out.

If proved in 2 years time that the money was hers then I assumed it would have been unlawful that it was frozen without given her what she asked for in monthly payments, i.e. the 9k.

Obv I don't agree with it, but you can kinda see where she is coming from.

And if it's found that the money is not hers? Does she pay back this little stipend?

FearDark · 13-11-2013 10:54PM

A golf subscription?

9 grand?

What the **** is this ****?

What ****ing planet is this?

Boombastic · 13-11-2013 10:55PM

The Independent copy the Times story word for word, except they leave out the last bit

'....Mr O’Mahony had an “intricate” business relationship with Michael Fingleton of INBS and had told her Mr Fingleton sanctioned the €2.5m loan, she claims. When the loan issued, INBS knew Portal already owned the luxury property and was not in fact the entity borrowing the money to buy that property, she alleges.'

http://www.independent.ie/irish-news/courts/wife-of-mcfeelys-former-business-partner-wins-living-expenses-of-9000-a-month-29752344.html

http://www.irishtimes.com/news/crime-and-law/developer-s-wife-awarded-9-000-a-month-expenses-1.1593800?page=2

miss tickle · 13-11-2013 10:55PM

Ace2007 wrote: »

Somewhere along the lines of she claims the money is hers, this has to go to court to be proved either way - this could take a few years, does she therefore have to change her way of living until this is sorted out.

If proved in 2 years time that the money was hers then I assumed it would have been unlawful that it was frozen without given her what she asked for in monthly payments, i.e. the 9k.

Obv I don't agree with it, but you can kinda see where she is coming from.

Sorry posted before I saw your reply, does she pay it back if it is proven not to be hers?

BNMC · 13-11-2013 10:56PM

Boombastic wrote: »

So what does she actually do to earn this??

Open her legs.

Ace2007 · 13-11-2013 11:00PM

miss tickle wrote: »

Sorry posted before I saw your reply, does she pay it back if it is proven not to be hers?

it did mention something about the tax payers picking up the bill but wasn't too sure on that one.

But I suppose a child could be through college before any case and ruling comes through the courts in Ireland, so in theory not really fair to pluck the kids from college or school now.

WilyCoyote · 13-11-2013 11:03PM

BNMC wrote: »

Open her legs.

Or perhaps her mouth!

K-9 · 13-11-2013 11:04PM

WilyCoyote wrote: »

I presume NAMA (the taxpayer) is footing the bill. Has anyone inquired about the logic of this? How can it stand up?

It seems NAMA, or well the old Anglo which is effectively the same thing, is claiming the €1 Million account, but until that is decided, this is what the court sees as reasonable expenditure.

Whatever about the rental costs after getting evicted form her family home, €1,644 a month on school fees always annoys me. From this and a similar case posted about on AH a few months back, it seems private education is seen as an essential cost when times get tough. It's a very D4 attitude, sorry for using the stereotypical description.

mike65 · 13-11-2013 11:06PM

One day Arthur Mathews and Graham Linehan will put their differences aside and write the definitive golden circle satire.

marketty · 13-11-2013 11:08PM

BNMC wrote: »

Open her legs.

Now I ain't saying she a gold digger...
No, wait, yes I am

Days 298 · 13-11-2013 11:09PM

Living expenses. Only €9000 a month! :eek: We will see her on the trocaire box next Easter. Shame on the judge doesn't he know about mimimum standards the state should ensure citizens receive.

Montroseee · 13-11-2013 11:10PM

K-9 wrote: »

It seems NAMA, or well the old Anglo which is effectively the same thing, is claiming the €1 Million account, but until that is decided, this is what the court sees as reasonable expenditure.

Whatever about the rental costs after getting evicted form her family home, €1,644 a month on school fees always annoys me. From this and a similar case posted about on AH a few months back, it seems private education is seen as an essential cost when times get tough. It's a very D4 attitude, sorry for using the stereotypical description.

There is no information on what year that child is in. If they were in 6th year for example, moving schools and teachers etc. could have a negative impact on exam results. I would not bemoan those school fees tbh.

Gatling · 13-11-2013 11:19PM

€3,500 pm on renting a 4 bed absolutely disgusting situation,
School fees
And maintaining the kids extra curricular activities

9000pm for somebody that's bankrupt , out of tax payers pockets ,

Wasn't there a tiger kidnapping episode in love/hate recently ,

Boombastic · 13-11-2013 11:24PM

About the school fees

This is an article from the independent 25 July 2013 http://www.independent.ie/irish-news/courts/omahony-family-to-leave-6m-home-by-christmas-29448343.html

.....Frank Beatty, counsel for Ms Connolly, appealed to the judge for an eight months stay on the order to allow the children complete the current school year before quitting their home..............

Why did she she them back to that school in September? She couldn't afford it.

Rayne Wooney · 13-11-2013 11:25PM

Boombastic wrote: »

About the school fees

This is an article from the independent 25 July 2013 http://www.independent.ie/irish-news/courts/omahony-family-to-leave-6m-home-by-christmas-29448343.html

.....Frank Beatty, counsel for Ms Connolly, appealed to the judge for an eight months stay on the order to allow the children complete the current school year before quitting their home..............

Why did she she them back to that school in September? She couldn't afford it.

You can't expect her to send her children to school with the common people

professore · 13-11-2013 11:30PM

Montroseee wrote: »

There is no information on what year that child is in. If they were in 6th year for example, moving schools and teachers etc. could have a negative impact on exam results. I would not bemoan those school fees tbh.

"Normal" people are faced with these decisions every day. Such bs.

Gatling · 13-11-2013 11:34PM

Actually its well known issue in private schools where parents are refusing to pay fee's in 6th year safe in the knowledge there son/ daughter won't be kicked our prior to the leaving cert ,
Many private schools are now in discussions with dept of education to become normal non fee secondary schools

Bankrupt developer's wife awarded €9000 per month living expenses

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