Asia-Pacific

Check out this week's top Asia-Pacific news on the Asia Pacific Headline page.

Follow RoF

For all the breaking news, follow RoF on Twitter and Facebook

          
   

Find a Job

With the market picking up, don't miss out on Job Search for all the best vacancies from the World's leading law firms.

Find a Flat

Find your ideal flat (or the perfect flatmate) on the Accomm-
odation Offered and the Accommodation Wanted discussion boards.

NB perfect flatmates are not guaranteed.

Glamour

Glamour
The legendary Glamorous Solicitor showcases the style, the beauty and the sophistication for which the legal profession is so rightly known.
Syndicate  

Europe News

Send Us Your News
Top Irish firm faces multi-million euro fee loss following bank collapse
22 February 2013
Rate it
1

McCann Fitzgerald, one of Dublin's leading law firms, is facing a major loss of fees after the Irish Government liquidated one of the country's failed banks. The amount in question has been rumoured to be up to €8m, although the firm has denied that figure.

The Anglo Irish Bank Corporation was nationalised back in 2009 and became the Irish Bank Resolution Corporation (“IBRC”). Two weeks ago the Irish Government approved the winding up of IBRC and a special liquidator was appointed. Its assets and liabilities are to be hived off to the country's bad bank.

McCann Fitzgerald is IBRC's lawyer, and is due some chunky fees: rumours in the press have suggested €8m. To put that in context, the firm's entire annual turnover is around €100m. But it now has the same status as any other unsecured creditor, and can only look on with empty pockets as it sees its unpaid bills float down the Liffey.

    A McCann Fitzgerald partner drowns his sorrows

A spokeswoman for the firm said that the figure of €8m was "incorrect and significantly overstated", but refused to comment on the correct amount.


Comments

Feel free to enter your comments on the news story below, subject to our terms and conditions. Please note that comments are subject to moderation and so will not appear immediately.

Please keep it nice. Thanks.
Order By:
anonymous user
22/02/2013 10:09
Rate it
-14
Report as offensive
Pretty offensive image captioning this story.

Nice to see that some stereotypes continue to persist. I look forward to seeing Jewish lawyers characatured as Shylock type figures and African lawyers perhaps symbolised by a bunch of bananas.
anonymous user
22/02/2013 10:27
Rate it
7
Report as offensive
Heh at humourless Irishman.

It's just a bloke getting pissed on St Paddy's Day, Jeez...
anonymous user
22/02/2013 10:44
Rate it
8
Report as offensive
Someone didn't have their lucky charms this morning...

Anonymous
anonymous user
22/02/2013 14:16
Rate it
5
Report as offensive
Dere's more to Ireland dan dis.
anonymous user
22/02/2013 14:44
Rate it
1
Report as offensive
Oh behave!

I'm from an Irish background and I thought the photo was funny. To compare it with the worst of Jewish bigotry is insulting to Jewish people.

Anti-Irish bigotry is what my parents had to put up with from landlords and employers when they came over. I suspect the well paid poster (assuming s/he is Irish) hadn't had to put up with such nonsense.
anonymous user
22/02/2013 16:05
Rate it
-2
Report as offensive
It beggorahs belief...
anonymous user
23/02/2013 09:25
Rate it
2
Report as offensive
Gave one Cork Solicitor a laugh this morning. Lighten up.
anonymous user
01/03/2013 09:39
Rate it
1
Report as offensive
dere's more to khark dan dis, booooy.


Oh wait, dere isn't, so dere isn't.
anonymous user
22/03/2013 19:45
Rate it
0
Report as offensive
Hi, I am from Germany. So Irish people pronounce it "dere"?

Maybe if you crack a standard English joke about the Germans humourless Irishman will forgive...

Go on.
anonymous user
09/05/2013 10:12
Rate it
0
Report as offensive
I'm Oirish too, I can confirm that the image above is an accurate representation of a standard night out.

Weekly Email Update

To receive a weekly European email update, please login or register to RollOnFriday.