Mark Traynor

2 results

A legal challenge in Delaware will proceed to a full hearing in an attempt to block IBRC from securing permanent protection in the US courts.  In preparation for this, one of IBRC’s special liquidators, Kieran Wallace (above) of KPMG, will be questioned under oath at a deposition on October 22nd in  New York.  Photograph: Brenda Fitzsimons/The Irish Times

Two funds linked to US billionaire hedge fund owner Paul Singer have dropped their objection to the former Anglo Irish Bank’s application for bankrupt(...)

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(...)