Quinlan ordered to repay bank €6.5m

DEVELOPER Derek Quinlan has been ordered by the Commercial Court to repay €6.5 million to Bank of Scotland.

Quinlan ordered to repay bank €6.5m

That amount is part of some €25m that he and others have been ordered to repay arising from the €180m purchase of the Bank of Ireland headquarters at Baggot Street in Dublin.

Mr Quinlan did not seek to defend the claim yesterday, but the proceedings against several other businessmen have been adjourned to February.

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