Quinns not entitled to better disclosure of files

Members of bankrupt businessman Sean Quinn’s family are not entitled to better disclosure of documents and materials by a bank they are suing over the alleged unlawful issuing of €2.3bn in loans to family companies, a High Court judge ruled.

The Quinns had claimed the system of revealing the material, including the contents of phone calls to the former Anglo Irish Bank, was deficient. This meant they could have no confidence in the overall process of disclosure being provided in advance of their legal action, they said.

Irish Bank Resolution Corporation (IBRC), Anglo’s successor, disputed their claims and said the cost of going through material for the purpose of discovery in advance of the case had already been €1.55m.