We were expecting to have Sean Dunne’s statement of financial affairs today, but the request for a hearing earlier this week may indicate Sean will seek an extension or perhaps even some privacy. As of 2pm Dublin time, the statements haven’t been filed, but if they become available later today on the US court system PACER – subscription only and available to US citizens – they will be made available here.
Meanwhile we do have one document that was filed yesterday and on the face of it, it is not an important document. It’s from the bankruptcy trustee to the bankruptcy court informing the court that it has mailed the so-called Rule 2004 application to Credit Suisse. This is the application for the subpoena which would compel Credit Suisse to submit itself to questioning by the bankruptcy trustee and also to disclose relevant documentation.
However, what is noteworthy is that Credit Suisse has been given a copy of the subpoena application in New York and in Zurich, Switzerland. We know that Credit Suisse was involved in the Geneva apartment transaction whereby Gayle and Sean Dunne were parties to a purchase of a €4m apartment. We don’t know if that is the reason the bankruptcy trustee wants to question Credit Suisse but the options here are limited, especially as Credit Suisse was not named as a creditor in Sean’s bankruptcy filing.
NAMA Wine Lake 
Has Dunne simply entered another half-decade long phase of his insolvency? I mean, David Drumm kept this up for what, three years before the courts in Boston finally gave up — or is that case still actually ongoing? To my jaded ears, this sounds like we’re in for another torturous, almost tribunal-esque, parade of court proceedings, procedures and injunctions, while money bleeds away to all places and persons except to the public who is owed it.
@OMF, David Drumms bankruptcy, initiated in October 2010, in Boston is still ongoing with the bankruptcy trustee seemingly contesting the bankruptcy. Meanwhile assets have been sold to pay creditors, including the house in Abington in Malahide and the one in Cape Cod where Charlie – “ah, have you no respect” Bird turned up unannounced and uninvited.
Curious why my comments were deleted? I see the quotation marks around relief have been removed.
@SJ, your comments are where you posted them!
https://namawinelake.wordpress.com/2013/04/27/us-judge-agrees-to-request-to-subpoena-swiss-banks-in-sean-dunne-bankruptcy/
please ignore previous comment–my error!
@SJ, no worries at all, and your error probably stems from the recent number of blogposts about Sean Dunne where your court service PACER provides daily updates. If the bankruptcy continues, then we will probably create a dedicated tab at the top of this page for Sean Dunne, as we did in the past with Paddy McKillen’s potentially existential threat to NAMA, and this might help prevent confusion over which blogpost was commented on!
You can read commenting guidelines here
https://namawinelake.wordpress.com/2011/03/01/namawinelake-blog-–-comment-posting-guidelines/
but related to your original comment today, the blog NEVER amends your comment, and if your comment is not accepted or deleted, there should be an email advising you why though because this blog receives 300 spam comments a day, if your comment isn’t published in 24 hours you should contact the blog.
https://namawinelake.wordpress.com/about/department-of-finance-watch-–-1st-february-to-25th-february/confidential-contact/