Quinns get €2k in living expenses as assets frozen

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.

They can have living expenses of €2,000 each up to next week under the interim orders granted after a hearing in the Commercial Court yesterday.

The order was made by Mr Justice Peter Kelly after a court move by Irish Bank Resolution Corporation, formerly Anglo. At the request of Paul Gallagher, counsel for the bank, the judge ruled the making of the application could not be notified or publicised to any other party until the hearing had finished.