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A legal action against four former directors of Irish Nationwide Building Society (INBS) over alleged “wholly unlawful” delegation of powers of the board of the INBS, to its former CEO Michael Fingleton, has settled, the Commercial Court heard yesterday. No terms of settlement were disclosed.

Kodaline joined up with the High Hopes Choir to sing their famous "High Hopes" yesterday outside the GPO in Dublin.

Kodaline joined up with the High Hopes Choir to sing their famous "High Hopes" yesterday outside the GPO in Dublin.

A High Court judge has strongly criticised the continuing failure over months to make a decision whether accountancy firm KPMG should, in its capacity as former auditors to Irish Nationwide Building Society, be sued as a co-defendant in separate actions by State-owned IBRC against Michael Fingleton and other former directors of the society over €6bn losses.

A judge said he wants to be told by the end of October whether it is proposed to join accountancy firm KPMG, former auditors of Irish Nationwide Building Society, as a co-defendant in a legal action brought over €6bn losses at the society.

An application may be made to join accountancy firm KPMG as a defendant to a legal action arising from €6bn losses at Irish Nationwide Building Society.

Olympia, Dublin

Brecht-Weill’s rarely-seen opera is a stirring take on consumer excess, writes Padraic Killeen.

Sonya Keogh is relishing the chance to share her passion for singing, says Nicki ffrench Davis.

Four former directors of Irish Nationwide Building Society are seeking a large number of documents for their defence of legal proceedings in which they are being sued for tens of millions of euro due to the “catastrophic losses” suffered by the society.

Former Irish Nationwide boss Michael Fingleton is facing court proceedings to have the €1m bonus he received in 2009 taken off him.

Pre-tax losses at a UK arm of Sean Mulryan’s Ballymore group last year topped £372m (€457m).

MUSIC NEWS: We mentioned last week that Johnny Marr had his debut solo album on the way for next year.

The Irish Bank Resolution Corporation (IBRC) has launched legal proceedings against former Irish Nationwide Building Society boss Michael Fingleton.

The 55-strong RTÉ Concert Orchestra is to make its festival debut at this year's Electric Picnic, it was announced today.

THERE’S an old Chinese proverb about not breaking another man’s rice bowl. It should be applied in many cases to public demands for people to be removed from their jobs.

A MACHETE-wielding group stormed the front garden of a house on Christmas Day after a boy was badly assaulted in a long-standing feud, it was claimed yesterday at Limerick District Court.

BALLYMORE PROPERTIES yesterday appointed David Brophy to the newly created position of chief operating officer for the company worldwide.

THE family of a woman whose body was found suspended from railings has called for a criminal investigation into her death to be re-opened after an inquest jury returned an open verdict.

DR CON POWER has resigned from the board of Irish Nationwide in order to avoid the possibility of a conflict of interest with his role as chairperson of the Financial Services Ombudsman Council.

The Leinster Under-19 team has been named for Sunday's friendly against Munster at Barnhall RFC (kick-off 2pm).

Terenure College3