
Articles
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4 days ago |
businesspost.ie | Catherine Sanz
Close Big Read ‘Nothing in our book worries us’: Court in Michael Fingleton case hears of €6bn collapse Liquidators allege Michael Fingleton was negligent in the performance of his duties. He faces a damages claim of over €250 million. Picture: Tony O’Shea
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6 days ago |
businesspost.ie | Catherine Sanz
Close Legal ‘Black holes everywhere’ in €250m case against former Irish Nationwide boss Fingleton Liquidators of the Irish Bank Resolution Corporation (IBRC) allege negligence in the performance of Fingleton’s duties. Picture: RollingNews.ie
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1 week ago |
businesspost.ie | Catherine Sanz
Close Legal Legal fight over $2.5bn ‘catastrophe bond’ fund resolved in High Court Nelson and John Seo co-founders of Fermat Capital. Fermat Capital Management had sued GAM International Management Limited earlier this month
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1 week ago |
businesspost.ie | Catherine Sanz
Close Legal Michael Fingleton unilaterally ‘topped up’ multi-million euro loans, High Court hears Liquidators of the Irish Bank Resolution Corporation (IBRC) allege negligence in the performance of Fingleton’s duties. Picture: RollingNews.ie
Michael Fingleton ‘gambled’ with Irish Nationwide’s money in approving risky loans, High Court hears
1 week ago |
businesspost.ie | Catherine Sanz
Legal The case is being taken over a series of five specific loans which liquidators allege were irresponsible. Business Post subscribers can read: • What ‘risky and speculative’ action Michael Fingleton took during his time in charge of Irish Nationwide Building Society, according to the prosecution • What the court heard was the scale of the estimated losses at INBS • What the court heard about the ‘enthusiasm’ of the financial markets in the early noughties
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