Creditors meeting: Drumm to hold gathering in US

FORMER CHIEF executive of Anglo Irish Bank David Drumm has called a creditors meeting in Boston as part of his US bankruptcy …

FORMER CHIEF executive of Anglo Irish Bank David Drumm has called a creditors meeting in Boston as part of his US bankruptcy application.

Mr Drumm, with an address at Old Colony Road, Wellesley, Massachusetts, has called the meeting for November 16th, at an address in Boston.

Mr Drumm also also supplied the courts with a list of creditors, though not the amounts owed to them.

Anglo Irish Bank says Mr Drumm owes it €8.5 million while Mr Drumm has counterclaimed for unpaid amounts totalling more than €2 million.

The creditors listed are:

AIB Visa Card, Bankcentre, Dublin;

Anglo Irish Bank, St Stephen’s Green, (listed three times);

Anglo Irish Bank, Franklin Street, Boston;

Anglo Irish Bank Loan Facilities, St Stephen’s Green;

Bankruptcy Processing, Mason, Ohio;

Cape Cod Five Cents Savings Bank, Orleans, Mass;

Capital One USA, Charlotte, North Carolina;

Chase Visa, Wilmington, Delaware;

Citicards Exxon Mobile, Irving, Texas;

Citizens Automobile Finance Inc, Sacramento, California;

Discover Cards, New Castle, Delaware;

Eversheds O’Donnell Sweeney, solicitors, Earlsfort Tce, Dublin;

GE Money Bank, Roswell, Georgia;

KBC Homeloans, Dublin*;

Mrs Mary Drumm, Skerries, Co Dublin, (listed twice);

Ms Susan Drumm, Skerries, Co Dublin and;

Pender Public Relations, Fitzwilliam Square, Dublin.

* Mr Drumm took out a mortgage on a house in Skerries with KBC Homeloans in December 2008, a week before he resigned from Anglo.

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Colm Keena

Colm Keena

Colm Keena is an Irish Times journalist. He was previously legal-affairs correspondent and public-affairs correspondent