Wednesday June 3, 2020

Irish subsidiary of Korean bank in $45m High Court lawsuit

The Irish subsidiary of an international development bank is at the centre of a $45 million lawsuit in the High Court in Dublin.

3rd June, 2006

The Irish subsidiary of an international development bank is at the centre of a $45 million lawsuit in the High Court in Dublin.

KDB Ireland, the Dublin-based division of the Korean Development Bank, is being sued over a failed investment in a financially troubled Japanese merchant bank in 2002.

The case has been taken by South Korea’s second largest lender, Woori Bank.

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 | 5 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