James McDonnell
James McDonnell is a 52-year-old farmer from Co Westmeath, Ireland, who was recently in the news due to a High Court ruling that approved his personal insolvency arrangement, significantly reducing his unsecured debt from €1.5 million to approximately €20,000. A father of four, McDonnell's financial troubles stemmed from buy-to-let property investments that faltered after the economic downturn, leading to substantial losses and difficulties with tenant payments. His case highlights the challenges faced by many in the agricultural sector who venture into property investment.
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Countries Mentioned
| Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
|---|---|---|---|---|---|---|---|---|
| Ireland | 1 | 7.00 | 0.09% | +0% | 5,030,000 | 4,692 | $5,100 | 5$ |
| Totals | 1 | 5,030,000 | 4,692 | $5,100 | 5$ |
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Each country's color is based on "Mentions" from the table above.
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Ireland:
James McDonnell's €1.5 million unsecured debt was written down to under €20,000 as part of a personal insolvency arrangement.
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