This article was updated on March 8, 2024
The exit from bankruptcy of Derek Quinlan, the boom-time property investor, has been delayed after a move by his trustee to suspend his discharge.
Quinlan, 76, who once owned trophy homes in New York, Mayfair in London and Saint-Jean-Cap-Ferrat on the French Riveria, was due an automatic discharge from bankruptcy in November.
This has been suspended for a full hearing of an application by the trustee in his case.
The former financier was declared bankrupt in November 2022. The reason why he has not emerged from bankruptcy is unclear.
A spokesman for Adrian Hyde of Begbies Traynor, the trustee, would say only that the case was “ongoing”. Quinlan declined to comment.
A court-appointed trustee is charged
