The liquidators conceded that a small group of Anglo Irish Bank junior bondholders will recover the €270 million they are owed. Photograph: Matt Kavanagh

The Government forecasts that it will receive a further €100 million next year from the remains of Irish Bank Resolution Corporation (IBRC), as the co(...)

Clerys was sold in the early hours of Friday, January 12th, 2015 and put into liquidation later that day. Photograph: Dara Mac Dónaill

The liquidators of the operating company of Clerys have told the High Court they no longer believe that two private equity executives, who were also d(...)

IBRC, formed from the remains of Anglo Irish Bank and Irish Nationwide Building Society, was the first Irish entity to engage in the large-scale sale of non-performing loans. Photograph: Matt Kavanagh

The State’s recession-era involvement in the financial sector cost billions and will have an impact for years to come. From bailouts to nationalisatio(...)

Patrick Honohan: The then Central Bank governor told Department of Finance officials in 2015 there was a “moral case”  to find a way to prevent Anglo junior bondholders recovering anything.

The Attorney General’s Office warned the Government it could not prevent a likely repayment of almost €270 million owed to a group of junior bondholde(...)

The IBRC offices in 2013 at Connaught House on Burlington Road.

A group of Anglo Irish Bank junior bondholders, who rebuffed attempts to make them share the failed lender’s losses, are now set to recover all of the(...)

Former  taoiseach Brian Cowen’s government had to pump capital into Anglo Irish Bank as its bad loans soared following the property crash. Taxpayers committed €29.3 billion  by the end of 2010.  Photograph: Eric Luke

The special liquidators of Irish Bank Resolution Corporation (IBRC), the entity that absorbed failed lenders Anglo Irish Bank and Irish Nationwide Bui(...)

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(...)

Paddy McKillen. IBRC sued Mr McKillen in the Irish courts in July 2014 to recover 25 per cent of the €45 million loan extended by the bank to the Belfast developer. File photograph: Yui Mok/PA Wire

The liquidators of the former Anglo Irish Bank claim a US legal action by businessman Paddy McKillen over his “Maple 10” loan is an attempt to frustra(...)

Two upcoming legal battles between the family of Seán Quinn, above, and Irish Bank Resolution Corporation will now be accelerated.   File photograph: Alan Betson

Former Anglo Irish Bank chief executive David Drumm’s decision to plead guilty to further charges related to the bank’s collapse will accelerate two u(...)

Michael Breslin’s action against IBRC centres on a claim that in 2009, after Drumm had left the bank, Anglo reneged on a October 2008 deal to fund a £63 million (€71 million) hotel on Waterloo Road in London. Photograph: Bryan O’Brien

An Irish-American businessman who gave former Anglo Irish Bank chief David Drumm work while he lived in the US, claims the bank fraudulently induced a(...)

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