Sarah Newman, the partner of legendary Kilkenny hurler DJ Carey, faces losing her trophy €10.5m (£9m) Swiss chalet following the collapse of the couple's multi-million euro property empire.
The Irish couple also risk losing their exclusive family home in Monkstown, Co Dublin, after they were ordered to repay a €9.5m (£8m) bank loan.
AIB revealed in court yesterday it wanted to move against the Swiss property in an Alpine resort which is on the market for €10.5m.
This would be enough to pay off the couple's debts.
However AIB said it was worried it would not be able to take ownership of the property — solely owned by Ms Newman, a former star of RTE's Dragons' Den — because it was outside the Republic. It is also not known what other debt may have been secured against the Swiss property.
Ms Newman refused to comment on the court judgment yesterday.