Former Anglo Irish Bank Says It Has 'Unique' Case For Ch. 15
By Matt Chiappardi
Law360, Wilmington (November 6, 2013, 9:11 PM EST) -- Irish Bank Resolution Corp. Ltd., formerly known as Anglo Irish Bank, told a Delaware bankruptcy judge Wednesday that its bid for Chapter 15 recognition is supported by its "unique" situation, which was forged by the global economic crisis that had threatened the very fabric of the Irish economy.
During a daylong hearing in Wilmington, IBRC attorney Van C. Durrer II of Skadden Arps Slate Meagher & Flom LLP argued that its bid for Chapter 15 protection as it goes through a massive government-mandated liquidation across the...