Anglo’s Drumm action adjourned

AN action by Anglo Irish Bank against its former chief executive David Drumm over €8 million unpaid loans has been taken out of the Commercial Court list.

Anglo wants to recover €8m from Mr Drumm while he is counter-claiming for 2.6m in salary, pension and deferred bonus payments and damages, including for “mental distress”.

Yesterday at the Commercial Court Mr Justice Peter Kelly said he was adjourning the case generally and also took the matter out of the fast-track commercial list.