Boston judge agrees to settlement with Drumm’s wife
Mr Drumm has filed for bankruptcy in the US. This is being contested by the IBRC — the successor to Anglo Irish Bank.
As part of the agreement, Lorraine Drumm will pay a settlement and will then be permitted to keep a share of the rest of the assets she owns jointly with her husband. Mrs Drumm will have to pay a sum of almost €1m to the bankruptcy trustee.
