Bid to adjourn Anglo’s case against Quinn

The DPP will ask the Commercial Court today to adjourn the former Anglo Irish Bank’s long-running “conspiracy” case against bankrupt businessman Seán Quinn, members of his family, and others until the criminal trial of former Anglo chairman Sean FitzPatrick and two of the bank’s former senior executives has concluded.

The bank’s action alleging a conspiracy by the Quinn defendants and others to strip assets valued at up to €455m in the Quinn’s international property group (IPG) was initiated in June 2011.

As the criminal proceedings against Mr FitzPatrick will not open until Jan 2014, it could be years before the full actions between the Quinn family and the bank are determined.