Allied Irish Banks Has Officially Defaulted - ISDA

By unanimous vote, the ISDA determinations committee (which also includes such hedge funds as DE Shaw, Citadel, BlueMountain and Goldman Sachs) has agreed that Allied Irish Banks PLC has officially experienced a Restructuring Event.

http://www.zerohedge.com/article/allied-irish-banks-has-officially-defaulted-isda

http://uk.reuters.com/article/2011/06/13/alliedirishbanks-idUKWLA237720110613

http://www.bankingnews.gr/bank-insider/item/17891-%CF%85%CF%80%CF%8C-%CE%BA%CE%B1%CE%B8%CE%B5%CF%83%CF%84%CF%8E%CF%82-%CF%87%CF%81%CE%B5%CE%BF%CE%BA%CE%BF%CF%80%CE%AF%CE%B1%CF%82-%CE%B7-allied-irish-bank-%CF%80%CF%81%CE%BF%CE%BA%CE%AC%CE%BB%CE%B5%CF%83%CE%B5-%CF%84%CE%B5%CE%BB%CE%B9%CE%BA%CE%AC-%CF%84%CE%BF-%CF%80%CE%B9%CF%83%CF%84%CF%89%CF%84%CE%B9%CE%BA%CF%8C-%CE%B3%CE%B5%CE%B3%CE%BF%CE%BD%CF%8C%CF%82