Monday June 1, 2020

Former Anglo Irish has spent millions preparing its defence in Quinn suit

Cornerstone Research was paid $500 an hour to prepare a substantial report on Quinn’s trading

22nd January, 2017
Sean Quinn, leaving Dublin Circuit Criminal Court in 2014

The former Anglo Irish Bank paid an expert witness $500 (€467) an hour to prepare a 47-page report to support its defence of a €4.5 billion action by the family of the former billionaire Sean Quinn.

The Sunday Business Post understands that sums running into the millions have been invested in preparing a defence to the Quinns’ actions which have not been settled despite repeated attempts to reach an agreement.

Cornerstone Research was paid $500...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 4 weeks ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago