Saturday, 8 May 2010

Marrache brothers declared bankrupt as Isaac returns to Gib

GIBRALTAR
The Marrache law firm saga continues, with more dramatic developments last week. The most significant of these include the return of Isaac Marrache (photo: Gib Chronicle), the firm's founding partner, who had remained outside jurisdiction until last Tuesday, when he returned to Gibraltar to face police questions and his imprisoned brothers, Benjamin and Solomon. The Rock's Supreme Court  had already declared Benjamin and Solomon bankrupt and Isaac almost as soon as he returned, though the latter was given leave to appeal the decision. “I’m mortified about what’s happened to my practice, which I built up over 30 years…and entrusted to my brothers,” he said in court, adding that the future of his career depended on being able to appeal the bankruptcy ruling.

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