A prominent businessman and a former director of the now closed Austin’s department store has been declared bankrupt.
Luke Hasson was a director of the store for years, and one of the city’s best-known businessmen.
According to a court listing, the bankruptcy is being taken by Benetton Group, against the former Austin & Co Ltd company, which was based at The Diamond in the city.
Mr Hasson’s address is listed as Larcom Drive in Londonderry.
It says the cause of the action is “failure to comply with statutory demand”.
Mr Hasson’s family business has played a key role in the city’s retail landscape. Just last year, he was presented with a lifetime achieveme…