Sorcha McManigan and Alan Kent were due to marry in Tenerife in September, after planning their wedding for nearly two years

The move does not affect the retailer’s 356 concessions and its head office.

Two unrelated PIAs were approved by the High Court on Monday

Mr O’Connor, a separated father of three, was balance-sheet solvent with net assets of €594,000, but he did not have sufficient cash flow to make his debt repayments as they fell due.

The case was among three debt settlement arrangements were approved by the High Court on Monday