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Anglo Irish Investor Accuses Liquidators Of Fraud

Law360, London (July 14, 2018, 2:14 AM BST) -- A former investor in the failed Anglo Irish Bank urged the Delaware Bankruptcy Court on Friday to withdraw credentials for the bank’s liquidators, accusing them of fraudulently trying to collect on a controversial loan that propped up the bank’s stock price during the 2008 financial crisis.

Irish investor Paddy McKillen, along with his partner Anthony Leonard and their real estate company Clarendon Properties Ltd., filed the adversary complaint against the liquidators charged with winding down the now-defunct Anglo Irish Bank in the long-running Chapter 15 bankruptcy...
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