Printer Friendly

I WANT TO GET BACK TO DOING WHAT I DO BEST; Corr's relief at settling [euro]1.4m bank debt.

Byline: CATHAL MCMAHON Crime Reporter news@irishmirror.ie

ECCENTRIC Jim Corr said yesterday he wants to get back to making music after settling a case over a [euro]1.4million debt.

ACC Bank were pursuing the 48-yearold to recover [euro]778,000 outstanding from a [euro]1.4million judgment.

Speaking after the hearing Mr Corr said: "I'm relieved that this part is over and I'm just looking forward to getting back to doing what I do best."

When asked to clarify what that was he replied: "Make music."

The Corrs guitarist, from Dundalk, Co Louth, was due to face a grilling over his financial affairs yesterday morning.

But the parties settled in the afternoon before Mr Justice Peter Kelly at the Commercial Court in Dublin.

Dressed in a blue shirt, jeans and flat cap, Mr Corr arrived in court yesterday morning to face a further cross examination.

But just as the case was about to begin Bernard Dunleavy, for ACC Bank, - said the musician was making a proposal "to deal with all matters before the courts today". Mr Justice Peter Kelly adjourned the proceedings for five minutes and then a further 15 minutes to allow the parties to discuss matters.

The court resumed at 11.35am when Mr Dunleavy said the parties had a "useful engagement".

He asked for the court to sit again at 2pm so "an agreement in principle" could be brought before the court.

Mr Dunleavy said this would end the need for a further cross examination of Mr Corr.

Both sides returned at 2.15pm when Mr Corr's barrister Ross Aylward asked for a half-hour extension on the grounds he had only received the papers 30 minutes earlier.

Mr Justice Peter Kelly described the delay as "thoroughly unsatisfactory" and said the parties had two weeks to settle the matters.

But he granted the request after there was no objection by Mr Dunleavy.

When the court resumed at 2.45pm Mr Dunleavy confirmed an agreement had been finalised and explained the details of this were "confidential between the parties". There was no order on costs for the case.

The last time Mr Corr was questioned he admitted he was in "dire straits" and had tried to protect his finances, on his seven-year-old son's behalf, following the judgment.

Giving evidence the musician said: "I was trying to protect my finances as best I could on behalf of my son because I recognised I was in dire straits."

He also went on to say: "I was doing what anyone else would do in my position."

He added that he was trying to protect his and his family's interests when he sold off a mortgagefree Dublin apartment for [euro]350,000 shortly after a bank got a court judgment against him for [euro]1.4million.

Eccentric Mr Corr catapulted himself into the headlines in 2008 when he claimed there was overwhelming evidence that the 9/11 terror attacks in America in which 2,996 people died were a conspiracy theory.

Since then he has made repeated claims on his website jimcorr.com.

He I was trying at to protect my finances on behalf of my son..I was in dire straits JIM CORR YESTERDAY as

CAPTION(S):

FACING MUSIC MUSIC Jim Corr outside court in Dublin yesterday
COPYRIGHT 2013 MGN LTD
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Mirror (London, England)
Geographic Code:4EUIR
Date:Jul 4, 2013
Words:547
Previous Article:Rory looks like just another face in a crowd..
Next Article:Politicians' power vote decision due; referendum.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |