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Tuesday 5 December 2023 Dublin: 3°C

# Irish Bank Resolution Corporation

All time
David Drumm isn't giving up on his bid to go bankrupt in the US
The former Anglo CEO filed appeal papers last night.
IBRC won't say how much former Anglo directors still owe them
The bank said the information is “commercially sensitive”.
Nearly every FOI request about the liquidation of Anglo has been refused
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 The other was withdrawn.
Anglo worried that the bank guarantee could make it liable if other banks failed
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.
Union representing IBRC staff to meet with LRC chief Kieran Mulvey next week
The Irish Bank Officials Association says that the meeting is evidence of the legitimacy of IBRC staff’s claims over redundancy packages being cut.
Former Anglo Irish Bank files for US bankruptcy
The move is being made to protect the institution’s US assets.
Data breach involving payments to current and former IBRC staff
Dozens of current and former staff at the former Anglo Irish Bank have been affected by the data breach.
Alan Dukes: I can't comment about the Anglo Tapes because of the investigation
The former chairman of the defunct bank has come under pressure for “singing dumb” in relation to what he knew about the Anglo Tapes.
Seán Quinn: 'I've apologised to my children for my fundamental mistake'
The bankrupt former billionaire tells the Impartial Reporter his time in jail has made him determined to clear his name.
Your chance to own 'a bit of Irish history' as Anglo furniture to be auctioned off
Furniture from former offices of the infamous bank in south Dublin will go up for auction this weekend.
Noonan denies ECB instruction to refuse information about IBRC
The finance minister says the ECB has not told Ireland to refuse Freedom of Information requests about the IBRC wind-up.
Union now tells IBRC staff to cooperate with NAMA over new roles
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.
Noonan insists IBRC staff can only get statutory redundancy
Staff at the former Anglo Irish Bank have seen previously agreed redundancy packages invalidated following the dramatic liquidation of the financial institution in February.
Union warns of 'further serious action', tells IBRC staff not to cooperate with NAMA
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.
'All we're looking for is a fair deal' - An IBRC worker on the impact of liquidation
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…
Gerry Adams: There were some TDs intoxicated on night of promissory note debate
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.
Noonan hints €1bn IBRC savings will go to repay debts
Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.
IBRC senior executives will not get termination pay-off: Noonan
Michael Noonan has said Mike Aynsley and other senior IBRC figures are entitled only to their statutory minimums.
Noonan: IBRC liquidation is 'crude' but staff in better position than most
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.
Timeline: The 24 hours that secured the promissory note deal
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…
Poll: Did the government get a good deal on the promissory notes?
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?
Here's how the IBRC deal takes €1bn off next year’s Budget
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'
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
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
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
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
“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?
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
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
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
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
Here’s the total voting chart for how the Dáil divided on its final decision to liquidate the former Anglo Irish Bank.
Dáil approves Bill to liquidate IBRC
Catch up with text commentary from the Dáil as TDs voted to wind up the former Anglo.
Poll: Do you support swapping the promissory note for long-term bonds?
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
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
It’ll be a late one in the Dail.
Chief Whip says leaking of elements of IBRC plan is ‘unfortunate’
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
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.
Technical Group to force Dáil vote on promissory note repayment
15 TDs, led by Shane Ross, have tabled a motion calling for a public assertion that Ireland won’t make the next repayment.
Challenge to promissory notes dismissed, court says TD could bring case
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.