Eleven years after Anglo Irish Bank was nationalised the remnants of the bank is now beginning one final courtroom battle. The case has been brewing since 2010 when the bank took action against one of its former senior executives, Tom Browne, over alleged debts of €50 million. Browne has, in turn, submitted a detailed counterclaim against the bank, rejecting its position.  Until now the action has been repeatedly stalled as it waited first for various criminal trials relating Anglo Irish Bank to conclude – and then for a civil action involving the Quinn family to be settled. The trial, due…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .