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Dunne ducks out of D4 and heads west
http://www.thepropertypin.com/viewtopic.php?f=50&t=34032
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Author:  mr_anderson [ Sat Nov 01, 2014 4:04 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

slasher wrote:
Yesreb backwards is Bersey. Sean Dunne previously had a company call Berland. Am I reading too much into this?


Aww Jesus man, this is going to get like those clues on 3-2-1.

Author:  GameBlame [ Sat Nov 01, 2014 4:12 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

onlyone wrote:
FreeFallin wrote:
How, after all we have been through in the past few years, could Dublin CC grrant planning permission for a development around a private residence where he owners of that residence were'nt known and were hiding behind a Cypriot registered company.
http://www.irishtimes.com/news/ireland/ ... -1.1984188
Quote:
Yesreb sought permission to develop and extend the house and build four new houses on the grounds. Dublin City Council granted permission in March for the development on condition that the number of new houses was reduced to three. Yesreb is appealing the reduction while a number of residents on Shrewsbury Road have appealed against the entire development.
In closing submissions on the third day of the hearing, planner Anne Mulcrone, acting for neighbouring resident Stephen MacKenzie, said “the true nature and identity of the applicant is crucial”.



It appears to be owned by a company called Yesreb. The ownership of Yesreb is irrelevant to a planning application, and a red herring. When Google applies to build an office, nobody cares who owns Google. Same here.



Clearly we do care so it's not the same. Have we right to care ? Yes of course. If you have to give your bloody PPS no. for water then why do you have to declare who the beneficial owners are in a planning application.

If you take a convicted criminal like Jim Mansfield (senior :lol: ) he had a long track record ignoring planning conditions why should he get to hide behind off shore shell companies ?

Author:  Luan [ Sat Nov 01, 2014 6:45 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

GameBlame wrote:
If you have to give your bloody PPS no. for water then why do you have to declare who the beneficial owners are in a planning application.

You don't have to give your PPS number :)

However choosing this option means you pay for all water used i.e. no free allowance

Author:  FreeFallin [ Sat Nov 01, 2014 7:12 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

onlyone wrote:
FreeFallin wrote:
How, after all we have been through in the past few years, could Dublin CC grrant planning permission for a development around a private residence where he owners of that residence were'nt known and were hiding behind a Cypriot registered company.
http://www.irishtimes.com/news/ireland/ ... -1.1984188
Quote:
Yesreb sought permission to develop and extend the house and build four new houses on the grounds. Dublin City Council granted permission in March for the development on condition that the number of new houses was reduced to three. Yesreb is appealing the reduction while a number of residents on Shrewsbury Road have appealed against the entire development.
In closing submissions on the third day of the hearing, planner Anne Mulcrone, acting for neighbouring resident Stephen MacKenzie, said “the true nature and identity of the applicant is crucial”.



It appears to be owned by a company called Yesreb. The ownership of Yesreb is irrelevant to a planning application, and a red herring. When Google applies to build an office, nobody cares who owns Google. Same here.


We know who owns google....there's a share register with names on it. There's a CEO, a board etc.

This is a private residence in a residential area...

Author:  metalmike [ Sat Nov 01, 2014 8:12 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

onlyone wrote:
FreeFallin wrote:
How, after all we have been through in the past few years, could Dublin CC grrant planning permission for a development around a private residence where he owners of that residence were'nt known and were hiding behind a Cypriot registered company.
http://www.irishtimes.com/news/ireland/ ... -1.1984188
Quote:
Yesreb sought permission to develop and extend the house and build four new houses on the grounds. Dublin City Council granted permission in March for the development on condition that the number of new houses was reduced to three. Yesreb is appealing the reduction while a number of residents on Shrewsbury Road have appealed against the entire development.
In closing submissions on the third day of the hearing, planner Anne Mulcrone, acting for neighbouring resident Stephen MacKenzie, said “the true nature and identity of the applicant is crucial”.



It appears to be owned by a company called Yesreb. The ownership of Yesreb is irrelevant to a planning application, and a red herring. When Google applies to build an office, nobody cares who owns Google. Same here.


However in this case the planning application proved to be controversial and a group of residents objected. Dublin City Council approved, residents appealed, An Bord Pleanala upheld approval. The residents have no way of knowing whether any of the people involved in the approval of this development were beneficial owners, or related to beneficial owners of Yesreb. I think it would be interesting if the residents took cases against individual members of Dublin City Council and An Bord Pleanala asking them to prove that they had no beneficial interest.

If the state provides facilities (in this case planning approval) that is to the material benefit of individuals then it must be able to show that those providing the facilities have no connection to the beneficiaries - the only way for this to be shown is that we know who the beneficiaries (the owners of Walford) are. We had exactly the same issue with Carrickmines - as usual the state has failed to learn, to the cost of its citizens. As far as I am concerned I am at liberty to believe that someone in either Dublin City Cooncil or An Bord Pleanala has benefited from this decision.

Author:  yoganmahew [ Sat Nov 01, 2014 8:25 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

metalmike wrote:
If the state provides facilities (in this case planning approval) that is to the material benefit of individuals then it must be able to show that those providing the facilities have no connection to the beneficiaries - the only way for this to be shown is that we know who the beneficiaries (the owners of Walford) are. We had exactly the same issue with Carrickmines - as usual the state has failed to learn, to the cost of its citizens. As far as I am concerned I am at liberty to believe that someone in either Dublin City Cooncil or An Bord Pleanala has benefited from this decision.

Absolutely. Transparency has to be, eh, transparent!

Author:  TheJackal [ Fri Nov 07, 2014 12:53 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

Dunne to proceed with US bankruptcy action

http://www.rte.ie/news/2014/1107/657486 ... nne-court/

Author:  fishfoodie [ Tue Dec 02, 2014 9:40 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

TheJackal wrote:
Dunne to proceed with US bankruptcy action

http://www.rte.ie/news/2014/1107/657486 ... nne-court/


And then thinks better of it !

Quote:
Property developer Sean Dunne has thrown in the towel on his attempt to walk away from about €700 million in debts through the US bankruptcy courts.

In a major victory for the National Asset Management Agency, his biggest creditor, Mr Dunne has abandoned his bid to seek a fresh financial start

Mr Dunne’s lawyer James Berman told a court in Connecticut that the US-based developer had “elected to waive his discharge [from bankruptcy].”


Another fine example of the keen analysis of the IT. Seanie is no longer trying to proceed with the US process, so this is obviously a massive win for NAMA .... & then they include this quote in the same article

Quote:
A hearing on whether he should have to hand over financial information to Nama – scheduled to be heard by the court – was “moot,” his lawyer told a US bankruptcy judge.


Now call me cynical; but I somehow imagine that this decision, is less about Dunne being scared of NAMA, & wanting to fess up to his debts; & more about a realization that proceeding in the US could well lead to a situation where "€700 million in debts", isn't as big a deal, as all those debts, plus 5 years inside a Federal Prison in the US, & being kicked out of the US at the end of the sentence, to return to Ireland, where he would also face criminal charges. :nin

Author:  jake76 [ Wed Dec 03, 2014 10:13 am ]
Post subject:  Re: Dunne ducks out of D4 and heads west

http://www.rte.ie/news/2014/1202/664133 ... ankruptcy/

Quote:
Dunne to stand liable for €700m he owes creditors


Expensive hide and seek

Author:  fishfoodie [ Wed Dec 03, 2014 10:53 am ]
Post subject:  Re: Dunne ducks out of D4 and heads west

jake76 wrote:
http://www.rte.ie/news/2014/1202/664133-dunne-bankruptcy/

Quote:
Dunne to stand liable for €700m he owes creditors


Expensive hide and seek


Isn't he lucky that his wife is independently wealthy ....

Author:  Mantissa [ Wed Dec 03, 2014 10:53 am ]
Post subject:  Re: Dunne ducks out of D4 and heads west

fishfoodie wrote:
jake76 wrote:
http://www.rte.ie/news/2014/1202/664133-dunne-bankruptcy/

Quote:
Dunne to stand liable for €700m he owes creditors


Expensive hide and seek


Isn't he lucky that his wife is independently wealthy ....


She had a lot of love & affection to give.

Author:  Eschatologist [ Wed Dec 03, 2014 11:34 am ]
Post subject:  Re: Dunne ducks out of D4 and heads west

Does anybody actually know what Gayle's contribution to the business was?

I have no idea but I find the "former gossip columnist" line frequently parroted by the Irish Times a bit snarky and misogynistic. She may not be a rocket scientist but it's not like genius was a prerequisite for short term success in Irish property development.

Author:  Mantissa [ Wed Dec 03, 2014 11:39 am ]
Post subject:  Re: Dunne ducks out of D4 and heads west

Eschatologist wrote:
Does anybody actually know what Gayle's contribution to the business was?

I have no idea but I find the "former gossip columnist" line frequently parroted by the Irish Times a bit snarky and misogynistic. She may not be a rocket scientist but it's not like genius was a prerequisite for short term success in Irish property development.


Her company did some interior design & fitout for some of Dunne's properties.

Plus she ironed "the occasional shirt".

And of course you can't put a price on "love and affection". Oh wait, she did...

Author:  slasher [ Wed Dec 03, 2014 12:28 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

Eschatologist wrote:
Does anybody actually know what Gayle's contribution to the business was?

I have no idea but I find the "former gossip columnist" line frequently parroted by the Irish Times a bit snarky and misogynistic. She may not be a rocket scientist but it's not like genius was a prerequisite for short term success in Irish property development.

she was the brains behind "D4 stores"

http://www.independent.ie/irish-news/gr ... 62264.html
Image

Quote:
Speaking exclusively to the Sunday Independent as the doors of her new low-cost supermarket venture opened for the first time last Friday morning, Gayle, wife of high-profile developer Sean Dunne, said she expects to see a steady stream of local residents pouring through the doors of D4 Stores, which is located in the former Jurys Ballsbridge Hotel (now known as the D4 Inn).

Clearly enthused by her first foray into the retail business, Gayle said: "Both a convenience store and an off-licence with good parking are badly needed in this area. There's also a real need for value for money. A lot of people in Ballsbridge have been wiped out financially like everywhere else in the country. There's no Aldi or Lidl here, but people want value for money in Ballsbridge as much as they do anywhere."


you can say that again

Author:  Mantissa [ Wed Dec 03, 2014 12:29 pm ]
Post subject:  Re: Dunne ducks out of D4 and heads west

...which was closed and converted back to meeting rooms as soon as Dunne lost control of the hotel. But the question should be, who sis the fitout of D4 Stores? I would be interested to know.

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