Anglo faces further ‘haircut’ of €500m - Neil Callanan, Ian Guider and Jon Ihle -> tribune.ie/business/news/art … t-of-500m/
Legal action possible in September? That’s not particularly soon.
These delinquent borrowers have been rolling up interest for a couple of years already.
It’ll take a while to go through the business plans and the courts almost shut down for the summer (Liam Carroll stuff withstanding) so it’s not that long really