‘Quinns the only victims in case’

The family of bankrupt businessman Seán Quinn are the “only innocent victims” in a case being brought over their alleged liability for €2.34bn in loans issued by the former Anglo Irish Bank, counsel for the Quinns told the Supreme Court yesterday.

‘Quinns the only victims in case’

Bernard Dunleavy, counsel for Mr Quinn’s wife Patricia and their five children, disputed arguments by Anglo’s successor, Irish Bank Resolution Corporation (IBRC), that part of the Quinn case should be rejected because the law is there to protect innocent shareholders and creditors of the bank.

Mr Dunleavy is opposing IBRC’s appeal seeking to overturn a High Court decision permitting the Quinns to advance legal claims which could lead to their avoiding liability for €2.34bn loans.

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