Welcome to the January 2012 issue of our Distressed Assets e-zine. As the Irish banks continue to sell their non-core assets in line with the EU-IMF bailout, we provide an update on recent disposals of interest. We look at why the Minister for Finance abandoned plans to burn Bank of Ireland’s subordinated bondholders. We also report on the Sean Quinn bankruptcy saga and on the appointment of an administrator to London’s iconic Battersea Power Station. Finally, we consider the possibility of the National Asset Management Agency (NAMA) transferring a portion of its loan book into a real estate investment trust.
We hope you find this edition of our Distressed Assets e-zine informative. For further information, please contact our Distressed Assets Group.
To view the articles, please click on the relevant link below:
- Irish Banks Continue Disposals as Part of EU-IMF Bailout
- Quinn’s Northern Irish Bankruptcy Annulled, But Declared Bankrupt in the Republic of Ireland
- Administrator Appointed to London’s Battersea Power Station
- Bank of Ireland Raises €350 Million Through Buy-Back of Mortgage-Backed Bonds
- NAMA Would Consider Real Estate Investment Trust (REIT) Structure