Menu
01/11/2012
Quinns Due Back In Court
Sean Quinn and his son are due back in a Dublin court later as the inquiry continues as to whether or not the former billionaires have complied with court orders.
Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
At the High Court at the end of July 2012, it was found that Sean Quinn, his son Sean Quinn Jnr and his nephew Peter Darragh Quinn had defied court orders by asset stripping.
Miss Justice Elizabeth Dunne said their evidence had been "evasive, incredible and untruthful".
The men were found to have put about half a billion euros beyond the reach of the Irish Bank Resolution Corporation (IBRC), formerly bailed-out Anglo Irish Bank.
Sean Quinn Jnr was sent to jail for three months, while his father was spared a sentence in order to take steps to reverse the asset-stripping scheme.
Peter Darragh Quinn avoided jail by not showing up at the July hearing and remaining in Northern Ireland.
The hearing will decide whether both men have adequately complied with court orders.
Lawyers for IRBC have said there has been no co-operation from Sean Quinn Snr to comply with court orders to reverse the asset-stripping of Quinn companies.
The court was told "nothing had been done and no steps had been taken".
It is still possible that the bank could apply to jail the Quinns.
(IT)
Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
At the High Court at the end of July 2012, it was found that Sean Quinn, his son Sean Quinn Jnr and his nephew Peter Darragh Quinn had defied court orders by asset stripping.
Miss Justice Elizabeth Dunne said their evidence had been "evasive, incredible and untruthful".
The men were found to have put about half a billion euros beyond the reach of the Irish Bank Resolution Corporation (IBRC), formerly bailed-out Anglo Irish Bank.
Sean Quinn Jnr was sent to jail for three months, while his father was spared a sentence in order to take steps to reverse the asset-stripping scheme.
Peter Darragh Quinn avoided jail by not showing up at the July hearing and remaining in Northern Ireland.
The hearing will decide whether both men have adequately complied with court orders.
Lawyers for IRBC have said there has been no co-operation from Sean Quinn Snr to comply with court orders to reverse the asset-stripping of Quinn companies.
The court was told "nothing had been done and no steps had been taken".
It is still possible that the bank could apply to jail the Quinns.
(IT)
Related Northern Ireland News Stories
Click here for the latest headlines.
22 November 2024
SDLP Calls For Action On Food Bank Crisis
The SDLP has called on the Communities Minister, Gordon Lyons, to outline how he intends to tackle food bank reliance across Northern Ireland.
SDLP Calls For Action On Food Bank Crisis
The SDLP has called on the Communities Minister, Gordon Lyons, to outline how he intends to tackle food bank reliance across Northern Ireland.
25 November 2024
Man Arrested In Connection With £150,000 Cannabis Seizure
Detectives from the Police Service of Northern Ireland's Organised Crime Unit, in partnership with Belfast Harbour Police, have made a significant breakthrough in their fight against drug crime. On Friday evening, November 22nd, a vehicle was intercepted and searched in the West Bank Road area of north Belfast.
Man Arrested In Connection With £150,000 Cannabis Seizure
Detectives from the Police Service of Northern Ireland's Organised Crime Unit, in partnership with Belfast Harbour Police, have made a significant breakthrough in their fight against drug crime. On Friday evening, November 22nd, a vehicle was intercepted and searched in the West Bank Road area of north Belfast.
23 February 2012
Quinn Family Win Preliminary Ruling Against IBRC
The High Court in Dublin has ruled that the family of Fermanagh-born businessman Sean Quinn can continue with their legal battle. Mr Quinn’s wife and five children are challenging the demands made by the Irish Bank Resolution Corporation (IBRC) to repay loans totalling €2.3 billion.
Quinn Family Win Preliminary Ruling Against IBRC
The High Court in Dublin has ruled that the family of Fermanagh-born businessman Sean Quinn can continue with their legal battle. Mr Quinn’s wife and five children are challenging the demands made by the Irish Bank Resolution Corporation (IBRC) to repay loans totalling €2.3 billion.
05 November 2012
Protesters Support Jailed Sean Quinn
A protest blockade in support of Sean Quinn is taking place in Derrylin in County Fermanagh. Campaigners have demanded the jailed billionaire be released. Tractors are thought to be blocking a road, while it has also been reported a lorry is parked across the entrance to the Quinn Glass factory.
Protesters Support Jailed Sean Quinn
A protest blockade in support of Sean Quinn is taking place in Derrylin in County Fermanagh. Campaigners have demanded the jailed billionaire be released. Tractors are thought to be blocking a road, while it has also been reported a lorry is parked across the entrance to the Quinn Glass factory.
02 November 2012
Sean Quinn Jailed For 9 Weeks
Sean Quinn has been sentenced to nine weeks in jail for contempt of court. The sentencing sees the culmination of a high-profile legal battle between the Quinns and bailed-out bank Anglo Irish over claims of asset-stripping by the former billionaire. Sentencing at Dublin High Court is expected to occur at 13:00.
Sean Quinn Jailed For 9 Weeks
Sean Quinn has been sentenced to nine weeks in jail for contempt of court. The sentencing sees the culmination of a high-profile legal battle between the Quinns and bailed-out bank Anglo Irish over claims of asset-stripping by the former billionaire. Sentencing at Dublin High Court is expected to occur at 13:00.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
