FORMER Anglo Irish Bank chief David Drumm is likely to retain his €250,000 annual pension and a €500,000 share in his Cape Cod home on foot of filing for voluntary bankruptcy in the US.

ANGLO Irish Bank and its former chief executive David Drumm have still to reach an agreement to resolve the bank’s action against him over unpaid loans of more than €8 million, the Commercial Court heard yesterday.

ANGLO Irish Bank has rejected proposals from former CEO David Drumm aimed at settling its action against him over unpaid loans of more than €8 million, the Commercial Court heard yesterday.

AN ELDERLY man who suffered severe injuries in a horrific car crash which left three teenagers dead settled his action yesterday for damages of over €300,000 in the High Court.