The family of Sean Quinn have been permitted to proceed with the majority of their claims in their forthcoming legal action
The family of Sean Quinn have been permitted to proceed with the majority of their claims in their forthcoming legal action. It relates to their claims that €2.34 billion loans by Anglo Irish bank to various Quinn companies, were made for the unlawful purpose of propping up the bank’s share price.
However, Mr Justice Robert Haughton ruled that the Quinn’s cannot continue to pursue those aspects of their claim, alleging the loans are unenforceable. He was making final directions concerning management of the hearing which is due to open on June the 3rd.
The case is expected to last 6 months and has been brought against Irish Bank Resolution Corporation
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