Leading Irish firm Arthur Cox has been appointed lead legal adviser on the nationalisation of Anglo Irish Bank. This week the Irish Government announced it was to seize control of the country's third-biggest lender in a bid to restore confidence in the country's banking system after shelving plans for a €1.5bn (£1.4bn) capital injection into the stricken lender.The Labour Party is tabling a bill today (20 January) which will ultimately pave the way for the nationalisation of the bank.
January 20, 2009 at 06:46 AM
1 minute read
The original version of this story was published on Legalweek
Leading Irish firm Arthur Cox has been appointed lead legal adviser on the nationalisation of Anglo Irish Bank.
This week the Irish Government announced it was to seize control of the country’s third-biggest lender in a bid to restore confidence in the country’s banking system after shelving plans for a €1.5bn (£1.4bn) capital injection into the stricken lender.
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