Freshfields acts alongside leading Irish firms on Anglo Irish Bank wind-down
Freshfields Bruckhaus Deringer, Arthur Cox and McCann FitzGerald have secured key advisory roles as the Irish Government moves to split troubled lender Anglo Irish Bank into two parts. Anglo Irish has teetered on the edge of insolvency since the collapse of Ireland's economy amid the global economic downturn two years ago. Amid rising fears over the bank's debts, Ireland's finance ministry released a statement on Wednesday (8 September) detailing the decision to split Anglo Irish into a "funding bank" and an "asset recovery bank," with plans to wind down the latter over several years.
Freshfields Bruckhaus Deringer, Arthur Cox and McCann FitzGerald have secured key advisory roles as the Irish Government moves to split troubled lender Anglo Irish Bank into two parts, reports The Am Law Daily.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651