IBRC urges Quinn hearing

A judge has been asked by State-owned IBRC to direct that the Quinn family’s action aimed at avoiding liability for €2.34bn loans should open as soon as possible this year.

The case, initiated four years ago, was listed for trial on three previous occasions but deferred each time, the latest deferral to January 2016.

The deferrals were granted by the Commercial Court on the application of the DPP who had concerns the case could affect separate criminal proceedings against various executives and officials of Anglo Irish Bank, IBRC’s predecessor in title.