Summonses renewed against Maple Ten duo
The two were among 10 customers of Anglo who were part of a deal in 2008 to slash businessman Seán Quinn’s stake in the troubled bank, which later became Irish Bank Resolution Corporation (IBRC) and was later put into special liquidation by the Government.
Yesterday, Mr Justice Paul Gilligan granted an application on behalf of Kieran Wallace, one of the special liquidators to IBRC, to renew summonses against Mr McKillen and Mr Maguire for proceedings in which the bank can seek judgment against the two men arising out of the loans given to them in 2008 and 2009, as part of the Maple Ten deal.
