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#Irish Bank Resolution Corporation

# irish-bank-resolution-corporation - Saturday 17 January, 2015

David Drumm isn't giving up on his bid to go bankrupt in the US
# Drummer Boy
# Drummer Boy

David Drumm isn't giving up on his bid to go bankrupt in the US

Jan 17th 2015, 10:29 AM 11,451 Views 75 Comments

The former Anglo CEO filed appeal papers last night.

# irish-bank-resolution-corporation - Friday 9 January, 2015

IBRC won't say how much former Anglo directors still owe them
# Keeping Schtum
# Keeping Schtum

IBRC won't say how much former Anglo directors still owe them

Jan 9th 2015, 6:30 AM 6,959 Views 17 Comments

The bank said the information is “commercially sensitive”.

# irish-bank-resolution-corporation - Thursday 19 June, 2014

Nearly every FOI request about the liquidation of Anglo has been refused
# Ibrc
# Ibrc

Nearly every FOI request about the liquidation of Anglo has been refused

Jun 19th 2014, 6:30 AM 7,375 Views 33 Comments

Eleven out of 12 Freedom of Information requests to the Department of Finance about the liquidation of IBRC have been refused. The other was withdrawn.

# irish-bank-resolution-corporation - Saturday 11 January, 2014

Anglo worried that the bank guarantee could make it liable if other banks failed
# Bank Guarantee
# Bank Guarantee

Anglo worried that the bank guarantee could make it liable if other banks failed

Jan 11th 2014, 8:14 PM 24,654 Views 114 Comments

A letter from David Drumm to Brian Lenihan in October 2008 has been released in full to the Sinn Féin finance spokesperson Pearse Doherty and is revealed in full for the first time.

# irish-bank-resolution-corporation - Wednesday 11 September, 2013

Union representing IBRC staff to meet with LRC chief Kieran Mulvey next week
# Bankers
# Bankers

Union representing IBRC staff to meet with LRC chief Kieran Mulvey next week

Sep 11th 2013, 10:02 AM 2,885 Views 3 Comments

The Irish Bank Officials Association says that the meeting is evidence of the legitimacy of IBRC staff’s claims over redundancy packages being cut.

# irish-bank-resolution-corporation - Tuesday 27 August, 2013

Former Anglo Irish Bank files for US bankruptcy
# Chapter 15
# Chapter 15

Former Anglo Irish Bank files for US bankruptcy

Aug 27th 2013, 6:03 PM 8,196 Views 32 Comments

The move is being made to protect the institution’s US assets.

# irish-bank-resolution-corporation - Friday 23 August, 2013

Data breach involving payments to current and former IBRC staff
# Ibrc
# Ibrc

Data breach involving payments to current and former IBRC staff

Aug 23rd 2013, 7:26 PM 11,477 Views 11 Comments

Dozens of current and former staff at the former Anglo Irish Bank have been affected by the data breach.

# irish-bank-resolution-corporation - Friday 5 July, 2013

Alan Dukes: I can't comment about the Anglo Tapes because of the investigation
# Anglo Tapes
# Anglo Tapes

Alan Dukes: I can't comment about the Anglo Tapes because of the investigation

Jul 5th 2013, 6:45 AM 5,614 Views 86 Comments

The former chairman of the defunct bank has come under pressure for “singing dumb” in relation to what he knew about the Anglo Tapes.

# irish-bank-resolution-corporation - Thursday 27 June, 2013

Seán Quinn: 'I've apologised to my children for my fundamental mistake'
# Anglo Irish Bank
# Anglo Irish Bank

Seán Quinn: 'I've apologised to my children for my fundamental mistake'

Jun 27th 2013, 6:06 PM 12,908 Views 123 Comments

The bankrupt former billionaire tells the Impartial Reporter his time in jail has made him determined to clear his name.

# irish-bank-resolution-corporation - Wednesday 26 June, 2013

Your chance to own 'a bit of Irish history' as Anglo furniture to be auctioned off
# Anglo
# Anglo

Your chance to own 'a bit of Irish history' as Anglo furniture to be auctioned off

Jun 26th 2013, 7:15 AM 12,617 Views 39 Comments

Furniture from former offices of the infamous bank in south Dublin will go up for auction this weekend.

# irish-bank-resolution-corporation - Saturday 27 April, 2013

Noonan denies ECB instruction to refuse information about IBRC
# ECB
# ECB

Noonan denies ECB instruction to refuse information about IBRC

Apr 27th 2013, 7:15 AM 5,510 Views 53 Comments

The finance minister says the ECB has not told Ireland to refuse Freedom of Information requests about the IBRC wind-up.

# irish-bank-resolution-corporation - Saturday 20 April, 2013

Union now tells IBRC staff to cooperate with NAMA over new roles
# Ibrc
# Ibrc

Union now tells IBRC staff to cooperate with NAMA over new roles

Apr 20th 2013, 7:00 AM 5,608 Views 9 Comments

The Irish Bank Officials Association is now telling its members at IBRC to cooperate with NAMA if they are interested in roles there having previously said it was “imperative” that they did not cooperate.

# irish-bank-resolution-corporation - Saturday 6 April, 2013

Noonan insists IBRC staff can only get statutory redundancy
# Ibrc
# Ibrc

Noonan insists IBRC staff can only get statutory redundancy

Apr 6th 2013, 12:30 PM 8,028 Views 34 Comments

Staff at the former Anglo Irish Bank have seen previously agreed redundancy packages invalidated following the dramatic liquidation of the financial institution in February.

# irish-bank-resolution-corporation - Thursday 4 April, 2013

Union warns of 'further serious action', tells IBRC staff not to cooperate with NAMA
# Ibrc
# Ibrc

Union warns of 'further serious action', tells IBRC staff not to cooperate with NAMA

Apr 4th 2013, 5:22 PM 6,076 Views 25 Comments

The Irish Bank Officials Association has told IBRC workers not to cooperate with NAMA amid an ongoing dispute over redundancy terms for workers at the liquidated bank.

# irish-bank-resolution-corporation - Friday 22 March, 2013

'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation
# Opinion
# Opinion

'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation

Mar 22nd 2013, 6:30 AM 185 Views 34 Comments

Since the bank formerly known as Anglo Irish Bank was liquidated last month ordinary workers have been left in the dark as to their fate and that of redundancy packages they’d agreed prior to ‘promnight’. Here, an employee speaks out…

# irish-bank-resolution-corporation - Saturday 2 March, 2013

Gerry Adams: There were some TDs intoxicated on night of promissory note debate
# Prom Night
# Prom Night

Gerry Adams: There were some TDs intoxicated on night of promissory note debate

Mar 2nd 2013, 8:00 AM 14,844 Views 165 Comments

The Sinn Fein president told TheJournal.ie this week that while the “vast majority of TDs probably don’t take a sup at all” there were some who were drunk during the debate on legislation to liquidate IBRC.

# irish-bank-resolution-corporation - Friday 22 February, 2013

Noonan hints €1bn IBRC savings will go to repay debts
# Promissory Note
# Promissory Note

Noonan hints €1bn IBRC savings will go to repay debts

Feb 22nd 2013, 9:33 PM 9,894 Views 77 Comments

Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.

# irish-bank-resolution-corporation - Friday 15 February, 2013

IBRC senior executives will not get termination pay-off: Noonan
# Ibrc
# Ibrc

IBRC senior executives will not get termination pay-off: Noonan

Feb 15th 2013, 7:15 PM 9,737 Views 49 Comments

Michael Noonan has said Mike Aynsley and other senior IBRC figures are entitled only to their statutory minimums.

# irish-bank-resolution-corporation - Tuesday 12 February, 2013

Noonan: IBRC liquidation is 'crude' but staff in better position than most
# IBRC Liquidation
# IBRC Liquidation

Noonan: IBRC liquidation is 'crude' but staff in better position than most

Feb 12th 2013, 9:56 AM 7,258 Views 50 Comments

The Finance Minister said that “insofar as we can” the interests of staff at the bank would be looked out as some 800 employees face uncertainty following the liquidation of the bank last week.

# irish-bank-resolution-corporation - Saturday 9 February, 2013

Timeline: The 24 hours that secured the promissory note deal
# Prom Night
# Prom Night

Timeline: The 24 hours that secured the promissory note deal

Feb 9th 2013, 8:00 AM 6,060 Views 94 Comments

It was dramatic, chaotic, uncertain and very confusing as Ireland struck a deal to tear up the promissory notes and repay Anglo’s debts over a longer period. Here’s how it unfolded…

# irish-bank-resolution-corporation - Friday 8 February, 2013

Poll: Did the government get a good deal on the promissory notes?
# Your Say
# Your Say

Poll: Did the government get a good deal on the promissory notes?

Feb 8th 2013, 9:41 AM 11,775 Views 190 Comments

The government argues that swapping the €3.06 billion annual payments for long-term bonds is the best we could have got, but others argue we’re still paying the debt. What do you think?

# irish-bank-resolution-corporation - Thursday 7 February, 2013

Here's how the IBRC deal takes €1bn off next year’s Budget
# Budget 2014
# Budget 2014

Here's how the IBRC deal takes €1bn off next year’s Budget

Feb 7th 2013, 10:13 PM 15,968 Views 114 Comments

The Department of Finance has put together these figures to illustrate the benefit to Budgets 2014 and 2015.

Central Bank says ECB deal will 'contribute to financial stability'
# Promissory Notes
# Promissory Notes

Central Bank says ECB deal will 'contribute to financial stability'

Feb 7th 2013, 8:24 PM 5,349 Views 32 Comments

The independent body, which takes over ownership of the promissory notes in the deal, welcomes the moves.

Bonds: Fianna Fáil's 'qualified welcome', Sinn Féin says it will cost people €14,000
# Promissory Notes
# Promissory Notes

Bonds: Fianna Fáil's 'qualified welcome', Sinn Féin says it will cost people €14,000

Feb 7th 2013, 4:50 PM 10,725 Views 108 Comments

Sinn Féin’s Pearse Doherty said there will be €1 billion of interest on the bonds every year.

In full: 'The annual promissory note payments are gone' - Enda Kenny
# Promissory Notes
# Promissory Notes

In full: 'The annual promissory note payments are gone' - Enda Kenny

Feb 7th 2013, 2:57 PM 22,280 Views 154 Comments

The Taoiseach’s full speech to the Dáil on the revised promissory note arrangements which will see the IOUs replaced with long-term government bonds.

Supreme Court adjourns promissory note appeal as TDs seek to join case
# Promissory Notes
# Promissory Notes

Supreme Court adjourns promissory note appeal as TDs seek to join case

Feb 7th 2013, 1:33 PM 6,781 Views 44 Comments

David Hall says his case concerns issues wider than that of the €3.06 billion payment due in March that now appears unlikely following the liquidation of IBRC overnight.

Video: TDs argue over when to start debating the IBRC liquidation bill
# Prom Night
# Prom Night

Video: TDs argue over when to start debating the IBRC liquidation bill

Feb 7th 2013, 12:11 PM 5,132 Views 36 Comments

“Could I honourably suggest that if you want some order from the government TDs then perhaps you should close the Dáil bar.”

Explainer: What happened last night? Why was IBRC liquidated? What happens now?
# Promissory Notes
# Promissory Notes

Explainer: What happened last night? Why was IBRC liquidated? What happens now?

Feb 7th 2013, 11:04 AM 38,601 Views 119 Comments

Why on earth were the Dáil and Seanad sitting until the small hours of this morning? This might help…

President signs legislation to liquidate IBRC into law
# Promissory Notes
# Promissory Notes

President signs legislation to liquidate IBRC into law

Feb 7th 2013, 7:45 AM 12,967 Views 149 Comments

The President returned from his official visit to Rome yesterday to sign the emergency legislation.

TDs vote to liquidate IBRC in dramatic late-night Dáil sitting
# Prom Night
# Prom Night

TDs vote to liquidate IBRC in dramatic late-night Dáil sitting

Feb 7th 2013, 3:50 AM 14,692 Views 69 Comments

TDs voted by 113 votes to 35 to wind down the former Anglo, laying off its employees with immediate effect.

LIVE: Seanad debates legislation to liquidate IBRC
# Prom Night
# Prom Night

LIVE: Seanad debates legislation to liquidate IBRC

Feb 7th 2013, 3:18 AM 4,464 Views 0 Comments

Watch live from the Seanad Chamber as members deliberate on whether to immediately wind down the former Anglo.

Here’s how every TD voted on the Bill to liquidate IBRC
# Prom Night
# Prom Night

Here’s how every TD voted on the Bill to liquidate IBRC

Feb 7th 2013, 3:07 AM 19,815 Views 0 Comments

Here’s the total voting chart for how the Dáil divided on its final decision to liquidate the former Anglo Irish Bank.

As it happened: Dáil approves Bill to liquidate IBRC
Live Feb 7th 2013, 1:20 AM

As it happened: Dáil approves Bill to liquidate IBRC

# irish-bank-resolution-corporation - Wednesday 6 February, 2013

Poll: Do you support swapping the promissory note for long-term bonds?
# Your Say
# Your Say

Poll: Do you support swapping the promissory note for long-term bonds?

Feb 6th 2013, 9:45 PM 18,104 Views 174 Comments

The government wants to issue long-term bonds to get rid of the IBRC promissory notes. What do you think?

President Higgins returning to Ireland to consider IBRC legislation
# Ibrc
# Ibrc

President Higgins returning to Ireland to consider IBRC legislation

Feb 6th 2013, 9:15 PM 10,915 Views 0 Comments

Michael D Higgins has interrupted a trip to Italy to make himself available if the Oireachtas passes an IBRC bill tonight.

Here’s the schedule for the Dáil’s late-night IBRC sitting
# Ibrc
# Ibrc

Here’s the schedule for the Dáil’s late-night IBRC sitting

Feb 6th 2013, 9:07 PM 15,035 Views 61 Comments

It’ll be a late one in the Dail.

Chief Whip says leaking of elements of IBRC plan is ‘unfortunate’
# Ibrc
# Ibrc

Chief Whip says leaking of elements of IBRC plan is ‘unfortunate’

Feb 6th 2013, 8:48 PM 9,767 Views 0 Comments

Paul Kehoe: “The Minister for Finance has taken action to secure the stability of IBRC in the face of these leaks.”

Dáil to sit at 10:30pm to debate emergency legislation on liquidating IBRC
# Promissory Note
# Promissory Note

Dáil to sit at 10:30pm to debate emergency legislation on liquidating IBRC

Feb 6th 2013, 8:28 PM 47,554 Views 244 Comments

TDs will reconvene after 10pm tonight to discuss plans to transfer IBRC’s assets to NAMA – as part of a deal to replace the promissory notes with long-term Government bonds.

# irish-bank-resolution-corporation - Friday 1 February, 2013

Technical Group to force Dáil vote on promissory note repayment
# Promissory Note
# Promissory Note

Technical Group to force Dáil vote on promissory note repayment

Feb 1st 2013, 5:57 PM 6,480 Views 78 Comments

15 TDs, led by Shane Ross, have tabled a motion calling for a public assertion that Ireland won’t make the next repayment.

# irish-bank-resolution-corporation - Thursday 31 January, 2013

Challenge to promissory notes dismissed, court says TD could bring case
# Promissory Notes
# Promissory Notes

Challenge to promissory notes dismissed, court says TD could bring case

Jan 31st 2013, 12:00 PM 12,745 Views 170 Comments

The Dublin businessman David Hall had taken a case against the State arguing that the issuing of the €31 billion promissory notes to the former Anglo Irish Bank is illegal as there was no Dáil vote.

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