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Business News
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Leadership
Former Anglo Irish CEO enters counterclaim over job loss
08.12.2009
The former chief executive of Anglo Irish Bank David Drumm has entered a counterclaim against the bank as it aims to recoup unpaid loans from him of some 8m.
The Commercial Court in Dublin heard yesterday that Drumm, who currently lives in the US, is counterclaiming for some €2.6m over the termination of his employment at the now nationalised lender and a bonus he says he is entitled to.
State-owned lender Anglo Irish Bank began suing Drumm last month. In addition to attempting to recoup unpaid loans, the bank is engaged in a separate legal action to prevent the transfer of property from Drumm to his wife’s name.
Drumm resigned as CEO of Anglo Irish in December of last year following revelations over secret loans to directors.
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Leadership Magazines
Irish Director
Irish Director is the definitive magazine for leaders and senior decision makers in Ireland. Produced in association more..
Owner Manager
Owner Manager is the latest title from the BusinessandLeadership.com stable. It is the only magazine in Ireland to more..
Marketing Age
Marketing Age is the definitive voice of the marketing industry in Ireland. Aimed at decision makers, marketing more..
Knowledge Ireland
Knowledge Ireland is a ground-breaking quarterly magazine from our sister brand siliconrepublic.com, unique in its more..
Irish Director is Irelands leading senior management magazine. Designed for business leaders and decision makers across the island, it covers topics of specific relevance to Irelands senior directors.
Owner Manager is the latest title from the BusinessandLeadership.com stable. It focuses specifically on the needs of the business owner, offering both strategic and practical features and information related to running your own business.
Marketing Age is the definitive voice of the marketing industry in Ireland. Aimed at decision makers, marketing directors and industry professionals, it deals in-depth with marketing strategy, innovation and the world of new media.
Knowledge Ireland is a ground-breaking bi-monthly magazine from our sister brand siliconrepublic.com, unique in its exploration of strategy and innovation through people and technology.
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