Thursday February 20, 2020

First blood goes to Quinns in face-off over Anglo loan

The Quinn family scored an early victory last week in their fight to avoid repaying €1.8 billion-worth of loans given by Anglo, writes Richard Curran.

26th February, 2012
Sean Quinn: the case is likely to be a complicated one. Photo: Photocall

Round one in the Quinn family High Court action in Dublin against the Irish Bank Resolution Corporation (IBRC), formerly Anglo Irish Bank, has gone to the Quinns. A challenge as to whether members of the Quinn family could claim that around €1.8 billion of Anglo loans given to them had been for an illegal purpose has gone in their favour.

This opens up the way for the full court case to take place. The Quinns...

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