Bank moves to declare Quinn bankrupt

IRISH Bank Resolution Corporation is to bring forward proceedings on Monday aimed at having Sean Quinn declared bankrupt in the Republic.

The former Anglo Irish Bank secured the order in the High Court in Dublin yesterday — hours after the High Court in Belfast ruled the former billionaire was not entitled to file for bankruptcy in the North.

Aillil O’Reilly, counsel for the bank, told Mr Justice John Edwards his client wanted the bankruptcy proceedings against Mr Quinn heard “as soon as possible”.