Quinn Jnr released from Mountjoy

Sean Quinn Jnr has walked free, hand-in-hand with his wife Karen Woods and into a waiting BMW after his three month sentence for contempt of court expired.

Meanwhile the High Court has been told his father that he has done nothing to obey orders aimed at purging his contempt.

Sean Quinn Snr's new lawyers told the packed courtroom that the bankrupt businessman wants to co-operate with the bank and purge his contempt.

On a personal level they said he is a 66-year-old man who has had two serious heart operations dealing with a risk to his liberty.

They have secured a 13-day adjournment to get up to speed on the case despite IBRC's concerns about delay.

The bank's lawyers contend Sean Quinn Snr has done nothing to obey orders aimed at reversing a scheme to strip valuable Quinn assets.

They say new evidence shows the Quinns are still in control of these companies and any substantial delay could mean certain assets will be lost forever.