A group of Allied Irish Banks staff are reportedly going to court to try and get their bonuses back following the government's dramatic intervention to stop them being paid.
Some 2,400 staff were to get a share in €40m (£34m) in bonuses today, but the payout was cancelled after finance minister Brian Lenihan blocked the pay-out.
He told the AIB board that the continued bailout of the bank was conditional on the bonuses not being paid and emergency legislation to support this was put through the Dail this week.
But today, it is reported that a group of staff in AIB's capital markets division were set to file a claim in Dublin's circuit court before the the new Credit Institutions (Stabilisation) Act comes into force.
One trader, John Foy, has already taken AIB to court in respect of a €161,000 bonus. His payout was not affected by the government intervention but all the others were.
The Irish Times says a number of sources confirmed a second group of capital markets staff were planning legal action.
