Pub-owner Eoghan Breslin granted UK bankruptcy
Former Dublin pub-owner Eoghan Breslin has joined the growing list of Irish businessmen declared bankrupt by the British courts. Breslin was granted bankruptcy on December 12th last in Croydon, Surrey.
The entrepreneur ran Ocean Bar Restaurant (above) on Dublin’s Charlotte Quay with business partner Andy Neiland.
Ocean applied for High Court protection in 2008, with debts of €2 million. In the subsequent scheme of arrangement with creditors, ACCBank took a 30 per cent write-down on a €1.37 million loan secured against the bar.
Breslin and Neiland also had an interest in Ivory pub on Castle Street, Dalkey, which called in its creditors in April 2010.
In his bankruptcy filing, the businessman is recorded as having three aliases on records, with companies registered under Eoghan, Eoin and Owen Breslin.
Breslin, who declares himself as a self-employed business development consultant and engineer, now resides in Redhill, Surrey. He joins a growing number of formerly wealthy Irish individuals filing for bankruptcy in the UK, where the law is more relaxed.