Record judgment would see Quinn repay €417m
The bank had sought total summary judgment orders of about €2 billion. Mr Justice Peter Kelly said yesterday that the bank had a “powerful” case for the entirety of these, to which Mr Quinn seemed to have no defence.
He ruled that IBRC was entitled to the amount as Mr Quinn had admitted in his bankruptcy proceedings in the North that he was liable to the bank for sums of $219.9m and €253.9m.
