A property developer and Cheltenham Gold Cup-winning horse owner, who the High Court heard has debts of about €56 million, has been adjudicated bankrupt by the High Court.
The bankruptcy petition against Conor Clarkson (60), of Cairnfort, Enniskerry Road, Stepaside, Co Dublin, was brought by Gradual Investment Ltd (Gil) over a debt of almost €587,000.
The overall indebtedness of Mr Clarkson, a father of three and owner of the 2005 Cheltenham Gold Cup winner, Kicking King, was estimated at about €56 million, according to court papers.
In its petition, Gil, of Carrick Brennan Road, Monkstown, said its debt arose from a 2023 High Court settlement agreement involving judgment entered for €565,000 in favour of Gil against Mr Clarkson…