Settlement talks are underway in the marathon case by Sean Quinn’s five adult children denying liability for some €410m under guarantees of loans advanced by Anglo Irish Bank to Quinn companies.

Talks are underway in the marathon case by Sean Quinn’s children denying liability for some €415m under guarantees of loans advanced by Anglo Irish Bank to Quinn companies, the High Court has heard.

A High Court judge will rule next week whether Sean Quinn’s children can pursue a key claim their father unduly influenced them to sign securities for loans of hundreds of millions by Anglo Irish Bank to Quinn group companies.