State in secret talks to settle €4.5bn case with Quinns

Deal would release €1.2 billion for government coffers

The Quinn family is locked in negotiations with the former Anglo Irish Bank to settle their €4.5 billion case against the bust lender and the Irish state.

Talks are at an advanced stage, The Sunday Business Post has learned. Under the terms of the negotiations, the family could take control of hundreds of millions worth of property and other assets.

The move could end a bitter legal war that spans three continents and ...