High Court asked to rule on former Quinn company earn-out deal

Aventas, run by chief executive Paul O’Brien, was the company that managed the break-up of the former Quinn manufacturing group

Aventas, run by chief executive Paul O’Brien

The High Court will be asked to give guidance on who should receive earn-out monies from a deal to sell a former Sean Quinn company.

Aventas, run by chief executive Paul O’Brien, was the company that managed the break-up of the former Quinn manufacturing group. It lodged preliminary proceedings last week against Quinn Group Belgium.

Sources said the matter related to the sale of Athlone Extrusions, a former Quinn group plastics manufacturer that ...