Irish Times – Anglo Irish Bank is being sued in federal court in New York by noteholders seeking to enforce the Dublin-based lender’s agreements on two series of notes with an aggregate principal of $200 million.
Fir Tree Capital Opportunity Master Fund and Fir Tree Value Master Fund LP, both based in the Cayman Islands, said a planned merger of Anglo Irish with the Irish Nationwide Building Society puts the principal and interest payments to which they were entitled in jeopardy.
