Anglo claims McCaughey is ‘ringleader’
Some 24 actions have been brought by investors in the fund and Declan McGrath, for the bank, yesterday asked Mr Justice Peter Kelly to reject an application by Mr McCaughey to withdraw, for family reasons, from having his case determined as a test case for the other claims.
Counsel said Mr McCaughey had put himself forward as the “self-appointed leader” of the investors but had last Friday, just days after his case was admitted as a test case, said he wanted to withdraw from being a test case.
