Quinn family’s personal assets beyond Anglo’s reach

The homes and personal assets of Sean Quinn and his family will be beyond the reach of Anglo Irish Bank in its attempts to get repayment of €2.8 billion in loans, because no personal guarantees were given by the family as security on the borrowing.

16th April, 2011
Quinn family’s personal assets beyond Anglo’s reach
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The homes and personal assets of Sean Quinn and his family will be beyond the reach of Anglo Irish Bank in its attempts to get repayment of €2.8 billion in loans, because no personal guarantees were given by the family as security on the borrowing.

Anglo Irish Bank swooped last week to take ownership of the entire Quinn Group by exercising a charge it had over the shares in a company that is the ultimate...

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