Mealey's Banking & Finance - Representatives Of Bankrupt Irish Bank Seek Asset Sale

WILMINGTON, Del. - The foreign representatives of bankrupt Irish Bank Resolution Corp. Ltd. (IBRC) on Feb. 11 filed a brief in the U.S. Bankruptcy Court for the District of Delaware supporting an asset sale and a settlement with creditor Tampa Port Authority (TPA) on grounds that the sole objector to the sale is "a disgruntled bidder" that has "no standing to complain" (In Re: Irish Bank Resolution Corporation Ltd., No. 13-12159, Chapter 15, D. Del. Bkcy.).

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