Former Anglo Irish Bank chief executive David Drumm has been denied a write-off of more than €10 million in debts by a judge at a US bankruptcy court.
Below is the judgment issued by the United States bankruptcy court in Massachusetts:
“For the reasons set forth in the separate memorandum of decision issued today, the Court hereby sustains the objections to discharge asserted by the plaintiffs in each of Counts 1-20,22,24-26,30,34,42, and 47-49 (as enumerated in the memorandum of decision), dismisses the remaining counts, and, on the basis of the thirty objections sustained, hereby denies to the debtor and defendant, David K. Drumm, a discharge in the above entitled bankruptcy case.
Frank J Bailey
United States Bankruptcy Judge
January 6th 2015