High Court orders AIB to pay £21m into court

The High Court has ordered AIB to pay into court interest on junior bonds that are the subject of a legal row.

High Court orders AIB to pay £21m into court
Fri, 24 Jun, 2011 - 17:09

The High Court has ordered AIB to pay into court interest on junior bonds that are the subject of a legal row.

The bonds are held by US-based investment firm Aurelius Capital which is opposing a move by the Government to impose losses on subordinated bondholders at the bank.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Domestic abuse Woman more likely to feel downhearted or depressed than men, new survey shows
Five sites linked to majority of odour complaints as EPA steps up enforcement Five sites linked to majority of odour complaints as EPA steps up enforcement
New National Children’s Hospital to cost more than 1.43 billion euro Development board of National Children's Hospital to seek damages due to BAM delays
CourtsPositive ActionPerson: Finance MinisterPerson: Michael NoonanPerson: John CookeOrganisation: High CourtOrganisation: AIBOrganisation: Aurelius CapitalOrganisation: Aurelius
<p>IFI is facing a Workplace Relations Commission case brought by former chief executive Francis O’Donnell (pictured), who alleges he was blackmailed by a sitting senator in relation to his suspension in 2002 of the brother of IFI’s former chair, Fintan Gorman.</p>

Inland Fisheries Ireland admits to 'ongoing and uphill struggle' to win back public trust

READ NOW

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Latest

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited