Paddy McKillen and  Tony Leonard argued in a US court action that the Maple 10 loans, aimed at propping up Anglo’s share price in the 2008 deepening financial crisis, were “illegal” when made. Photograph: Frank Miller

Property developer Paddy McKillen and his business partner Tony Leonard have lost a bid to sue the former Anglo Irish Bank in the US courts over Mr Mc(...)

David Drumm worked for Micheál Breslin after the former Anglo CEO left Ireland. Photograph: Cyril Byrne

A US judge has rejected an Irish-American businessman’s bid to have his claim of fraud against the former Anglo Irish Bank over a €10 million debt hea(...)

Outside the Delaware courthouse is a statue to a former Irish-American mayor of Wilmington. Inscribed on the monument are the words of WB Yeats.

The American state of Delaware is an unusual battleground for the latest skirmishes over the special liquidation of the former Anglo Irish Bank, now I(...)

The court was told last month that former Anglo chief executive David Drumm, who moved to the US after resigning from Anglo in 2008, is willing to testify on Mr Flynn’s behalf
 about the overcharging
.

Anglo Irish Bank and its successor Irish Bank Resolution Corporation overcharged customers by an estimated $1.6 billion (€1.2 billion) and continued t(...)