Who triumphed from Quinn's Ukrainian gambit?

A mysterious company has won a €45 million claim against a Ukrainian firm linked to the Sean Quinn family, writes Richard Curran.

12th February, 2012
Who triumphed from Quinn's Ukrainian gambit?
Sean Quinn.

The beneficiaries of a company registered in the British Virgin Islands will have been breaking open the champagne last Friday night.

A judge in the Ukrainian capital Kiev upheld a claim by the company, Lyndhurst Development Trading SA, that it is owed €45 million by Univermag, a Ukrainian firm that owns a massive shopping centre in the city.

Lyndhurst is now expected to push for the bankruptcy of Univermag, and will receive a portion of...

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