Courchevel ski resort in the French Alps, where Ice Mountain bought two hotels.

State-owned Irish Nationwide Building Society lost €20 million on an unorthodox loan to a French ski resort backed by a company owned by Monaco- base(...)

The directors of INBS are being sued by KPMG, the special liquidator of INBS, based on alleged breach of contract

Insurer AIG has written to the directors of Irish Nationwide Building Society (INBS) asking detailed questions about their interactions with the Ce(...)

The loan is expected to form part of a civil case being taken by Irish Nationwide’s liquidator, KPMG, against its ex-managing director Michael Fingleton (above). Photograph: Dara Mac Dónaill

Irish Nationwide gave a loan of €29.3 million to buy a site in Dublin, in 2007, without first getting board and credit committee approval, and with(...)

KPMG, the special liquidator of Irish Nationwide Building Society, has appointed Eugene F Collins solicitors to carry out an “independent review” of legal advice that it should sue the society’s former directors but not its former auditor – KPMG.

KPMG, the special liquidator of Irish Nationwide Building Society, has appointed Eugene F Collins solicitors to carry out an “(...)

Denis McDonald SC sought the order after the Minister for Finance  failed to respond to the January 31st letter from Mr Cooney’s lawyers alleging the special liquidators had “a glaring conflict of interest” in relation to the litigation.

A former director of Irish Nationwide Building Society has told the Minister for Finance it is “preposterous” that the two special liquidators (...)

The Central Bank is understood to be continuing to examine the actions of Michael Fingleton, the Irish Nationwide Building Society’s  former managing director.

The Central Bank of Ireland has decided not take any action against two former directors of Irish Nationwide, the building society whose collapse cost(...)

Terence Cooney: one of four directors sued over ‘catastrophic losses’

Four former directors of Irish Nationwide Building Society are seeking a large number of documents for their defence to proceedings in which they are (...)

Michael Fingleton and Michael Walsh, Chairman at an Irish Nationwide Building Society agm in 2002. Photograph: Eric Luke.

Michael Fingleton should have been summarily dismissed from his position as chief executive of the Irish Nationwide Building Society as far back as 20(...)

The former Nationwide premises on Grand Parade.

The special liquidators of Irish Bank Resolution Corporation are believed to have served legal papers on four former directors(...)