IBRC executives see pay challenge adjourned

Legal proceedings by three former executives of the Irish Bank Resolution Corporation against their former employer have been adjourned at the High Court.

IBRC  executives see pay challenge adjourned

Former chief executive Mike Aynsley and two other former executives — heard of asset recoveries Tom Hunersen and head of specialised asset management Richard Woodhouse — have bought an action seeking payment of notice entitlements as per their contracts. In court yesterday, Mr Justice Paul Gilligan was told the case could be adjourned for a week on consent of all sides.

The trio sued the special liquidators to IBRC — KPMG’s Kieran Walllace and Eamonn Richardson — under the Payment of Wages Act.

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