The story of Brown Rudnick’s role in an Irish bailout deal gone bad took another turn this week, as the former leader of a local firm caught up in the scandal spoke out in a cryptic statement.
Ian Coulter, who stepped down earlier this year as managing partner of Belfast-based Tughans, said in a statement that no Irish politician or their relatives were due to receive money from the sale last year of a $7.5 billion loan portfolio by Ireland’s National Asset Management Agency (NAMA) to private equity giant Cerberus Capital Management.
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