Sunday March 29, 2020

Corporate Recovery: Positive outcome from IBRC's wind-down

The winding up of IBRC may have been as sudden as it was overdue, but its demise could actually have some positive effects on the Irish economy.

24th February, 2013
Declan Taite, partner and head of restructuring and insolvency at RSM Farrell Grant Sparks. Photo: Maura Hickey

The winding up of IBRC - or Anglo, as most people still affectionately refer to the *bete noire* of the banking industry - may have been as sudden as it was overdue, but rather than simply being an exercise in damage limitation, its demise could actually have some positive effects on the Irish economy.

"I believe the liquidation of IBRC will escalate the issue of deleveraging in the Irish marketplace," said Declan Taite, partner and...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago