Some 2,500 investors in the bank's failed scheme were previously told to expect compensation assessments by now, but AIB has just asked them to wait another five months.
Despite a bitter dispute with his former employer Anglo Irish Bank, Tom Browne sought to move on with his life, co-founding the corporate finance firm LeBruin and investing as far as China and the Caribbean. Now IBRC has re-ignited legal action.
Davy’s response to Patrick Kearney’s court action is informative. It issued its defence only after it was threatened with a judgement. It is arguing that the damning Central Bank report into the bond trade is not admissible, and that the report does not show it had a conflict of interest.
Having lost a landmark case over a major tax scheme, the Irish tax authority has been told to pay all of the costs of the case. Undeterred, it is now challenging the Berlin bond scheme in the Court of Appeal.
The former directors of a luxury car importer and exporter are being pursued for the tax debts of the company, which are said to exceed €2 million.
Irish banks and vulture funds' instincts for debt enforcement litigation are seemingly dormant, except for one fund which may be running out of time.
Four significant media and entertainment investors used a complex Berlin bond tax scheme to essentially wipe massive sums off their tax bills. Now, in a major decision, the High Court has ruled in their favour.
Three people living near a student accommodation project in Goatstown, Dublin 14 – one of them head of development for a co-living company – are being sued by an investor for "wrongfully delaying" the project.
A New York-listed pharmaceutical multinational is seeking approval from US courts to emerge from a crushing pile of debt and litigation. The next steps will play out in the High Court in Dublin, where the firm is formally registered and owns billions of dollars' worth of intellectual property.
A company set up to acquire Bank of Scotland loans called in a mortgage, failed to provide the deeds required for a refinance, then threatened to send in a receiver. It has now lost an interim court appeal – all for less than €300,000.
© 2026 Currency Media Limited
