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Full coverage: IBRC

From €21bn to closure: The final chapter of IBRC’s loan portfolio

IBRC's liquidators started with tens of thousands of loans with a face value of €21bn secured on assets around the world. Now, years of legal wrangling, international property sales, and headline-making borrowers have led to the final sale – and the end of an era in Irish banking.

Tom Lyons
19th Dec, 2025 - 3 min read

Pedigree cattle herd owner “refused leave” to sue IBRC, ending 15-year legal row

A High Court judgement has described the procedural history of the case which relates to an Irish Nationwide loan given in 1990 as “extraordinary as it is unacceptable.” An attempt to join KPMG to the case was also refused.

Tom Lyons
18th Dec, 2025 - 6 min read

The long Odyssey: Peter Curistan’s legal battle with Anglo Irish Bank ends in defeat

After 15 years of litigation, the Belfast businessman behind the Odyssey complex has failed in a court action for up to £100m in damages against his former lender, as a judge rejects all but a minor element of his case.

Tom Lyons
15th Dec, 2025 - 7 min read

Israeli property investor buys a shopping centre in Kyiv formerly owned by Sean Quinn

Asset-stripping and then war stopped the sale of one of Ukraine's best known shopping centres Univermag Ukrainia by liquidators acting for the Irish state. Now a deal is finally almost done.

Tom Lyons
30th Apr, 2025 - 2 min read

How the IBRC liquidation helped rewrite Ireland’s economic story: Rewinding the week that was

A decade after the dramatic liquidation of IBRC, the returns continue to flow — not just in billions to the Exchequer, but in hard-won economic sovereignty.

Ian Kehoe
27th Apr, 2025 - 5 min read

A shrewd property investor and devout man, Gerry Maguire was one of the so-called Maple 10

Gerry Maguire built the Laurence Town Centre in Drogheda at a cost of €120m, supporting hundreds of jobs. A religious man who passed away in recent days, he was one of a group of developers assembled to try to save Anglo Irish Bank.

Tom Lyons
2nd Jan, 2025 - 3 min read

The border palace at the heart of the old Quinn kingdom: Rewinding the week that was

The Slieve Russell Hotel was a physical manifestation of Sean Quinn's own grandiose ambition and of his unfettered loyalty to his locality. It sale marks the end of an era.

Ian Kehoe
27th Oct, 2024 - 5 min read

No grounds for legal action by liquidators: A key outcome of the Siteserv investigation 11 years on

After taking years to investigate the sale of the company to Denis O'Brien by the former Anglo Irish Bank, one of the IBRC Commission's main recommendations regarding "impropriety" in the transaction has come to nothing.

Tom Lyons
13th Jan, 2023 - 3 min read

Foreign entities, bust companies, and no evidence of wrongdoing: Why state should now shutter IBRC Commission

The government will now shutter the IBRC Commission rather than make it trawl through 37 other deals. It raises a question of why Enda Kenny and Michael Noonan made the curious and unexplained decision to extend its remit beyond Siteserv in the first place.

Ian Kehoe
14th Sep, 2022 - 4 min read

IBRC, Browne and an alleged undisclosed asset: Despite a €30m settlement, the court battle is on again

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.

Tom Lyons
15th Mar, 2022 - 2 min read
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