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.
It took more than a decade. But this morning the liquidators of Irish Bank Resolution Corporation settled its action against former Anglo Irish Bank director Tom Browne.
The collapsed lender is pursuing one of its former executives for tens of millions of euro in old loans. But Tom Browne is fighting back claiming Anglo's failure to disclose Sean Quinn's large CFD stake in the bank in 2007 renders the facilities invalid.
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