Former Bank of Ireland business chief Mark Cunningham says he has settled an action brought by an affiliate of US vulture fund Cerberus, alleging he defaulted on a €2.8 million debt.
The action was taken by Everyday Finance against Cunningham and his wife arising from two AIB loan facilities dating back to 2010.
A case was also lodged against Cunningham’s mother, Eithne Cunningham, in respect of her alleged position as loan guarantor for the sum of...
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