The bankruptcy application from US fund Cerberus to have independent TD and former property developer Mick Wallace placed in bankruptcy adds a new layer to what is already a complex relationship.
Mr Wallace has used his position as a public representative to relentlessly attack the State-owned National Asset Management Agency (Nama) and how it has gone about selling the book of distressed loans it inherited after the banking and property collapse in the late 2000s.
Among those who have been in the market buying loans has been…
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