Quinns back in High Court

Bankrupt businessman Sean Quinn could be facing a stint in jail while his son may be released from prison, as the two men return to the High Court this morning.

The former billionaire is under orders to assist IBRC as it attempts to unwind a scheme by the Quinns to put assets beyond the reach of the former Anglo Irish Bank.

Outrageous contempt of court orders was the finding by Ms Justice Elizabeth Dunne last July.

She jailed Sean Quinn Jnr for three months – a sentence he failed to overturn on appeal but has now served.

Peter Darragh Quinn was also sentenced to prison but he didn't show up to court and a warrant is out for his arrest.

The judge allowed Sean Quinn Snr to remain at liberty in order to assist IBRC in undoing a plot to put the Quinns' International Property Group assets beyond the bank's reach.

It was described as a medieval approach by the Quinns' lawyers – holding the son to see what his chieftain father might do.

But the question today will be whether the bankrupt businessman has done enough – if he hasn't co-operated fully it may be his turn to go to jail.