The judge in the David Drumm bankruptcy case in the United States has agreed to a settlement between Mr Drumm's wife, Lorraine, and the court.
The agreement will see Mrs Drumm paying a settlement and then being entitled to keep a share of the rest of the assets owned jointly with her husband.
The agreement provides for Mrs Drumm to pay almost €1m to the Bankruptcy Trustee.
This will finally settle any claims against Lorraine Drumm that she fraudulently benefited from assets transferred to her by her husband.
The money will come from the sale of the Drumm's house in Cape Cod.
Once that money is paid, Mrs Drumm will be entitled to her share of what is left after the sale of the rest of the Drumm properties.
This includes their home in wealthy suburb of Wellesley in Massachusetts and their €1.6m home in Abingdon, Malahide in Dublin.
While it is difficult at this stage to figure out how much Lorraine Drumm will end up with, the gross sums involved are well over €1m.
This will be viewed as her money and cannot now be touched by the bankruptcy court. Mr Drumm faces a full bankruptcy trial in Boston early next year.
