A nephew of bankrupt businessman Seán Quinn has written to the Commercial Court in a bid to stop proceedings against him by IBRC, the former Anglo Irish bank.

An alternative financial proposal relating to Sean Quinn Jr, who has said he wants to purge his contempt, may be put forward, the High Court heard yesterday.

A Dubai-based firm has lost its application for a stay on legal proceedings against it arising out of its acquisition of property from companies controlled by the Quinn family.

Seán Quinn Jr, the son of jailed businessman Seán Quinn, is prepared to sell the home he shares with his wife in a bid to purge his contempt of court, the High Court heard yesterday.

Evidence uncovered in recent months shows that Seán Quinn Jr exercised day-to-day control over a group of companies with major property interests in eastern Europe, right up until his jailing for contempt on Jul 20 last.

Seán Quinn Jr walked free from the Four Courts yesterday as the High Court heard bankrupt billionaire Seán Quinn Sr wants to co-operate with the former Anglo Irish Bank and purge his contempt.

The Quinn family have been continually dishonest in their dealings with the Irish Bank Resolution Corporation and “lined their pockets” throughout the process, the bank’s chief executive, has claimed.

The former Anglo Irish Bank has told the Supreme Court it does not accept claims by the family of bankrupt businessman Seán Quinn that more than €430m assets in their international property group are gone and cannot be recovered by the bank.

The Irish Bank Resolution Corporation claims that had material regarding huge payouts to the Quinn family been before the High Court earlier this year in a hearing to determine if family members breached court orders over asset stripping, it would have had an important influence on the court.

Seán Quinn Jr is to be allowed out of jail to attend his Supreme Court appeal next Tuesday and Wednesday against imprisonment for contempt of court orders.

The Quinn family has been made scapegoats of the financial crisis surrounding the former Anglo Irish bank, Peter Quinn has claimed.

What do you think of Seán Quinn?

The nephew of bankrupt billionaire Sean Quinn will not be returning to the Republic of Ireland, his father has revealed.

Thousands of supporters of the Quinn family, including Tyrone manager Mickey Harte, former Meath manager Seán Boylan and Father Brian D’Arcy, attended a rally in Co Cavan yesterday.

If you had arrived direct from Mars, a radio interview yesterday with Sean Quinn Sr and his daughter Colette-Marie would have melted your heart, says Michael Clifford

Along with the 10 developers who were given money to invest in Anglo Irish Bank, six members of billionaire Seán Quinn’s family were earlier drafted in to support the scheme.

Bankrupt businessman Seán Quinn could be facing a lengthy jail sentence if he follows through on defiant comments made over the weekend in which he vowed to continue to fight against disputed debts of €2.8bn owed to the former Anglo Irish Bank.

Seán Quinn is expected to mount a Supreme Court challenge early next week to overturn yesterday’s High Court ruling, which saw his son and nephew jailed for three months for contempt.

A High Court judge yesterday ordered the jailing of the son and nephew of bankrupt businessman Seán Quinn for three months for contempt.

The demise of Seán Quinn from billionaire to bankrupt looks set to sink further as the High Court considers jailing him for contempt.

A judge has made an order freezing the assets owned or controlled by the five adult children of bankrupt businessman Seán Quinn, his nephew Peter Darragh Quinn and two sons-in-law — Stephen Kelly and Niall McPartland — below €50m each.

The bringing of contempt proceedings against Sean Quinn and members of his family is an “abuse of process” and an attempt by former Anglo Irish Bank to destroy the Quinns’ credibility in advance of their own action against it, it has been claimed.

Bankrupt businessman Sean Quinn Sr and his nephew Peter Darragh Quinn were the prime movers of a “deliberate and deceptive” strategy to strip Quinn companies of valuable international property assets so as to put them out of the reach of Anglo Irish Bank, it was claimed in court yesterday.