Quinns and IBRC agree to mediation of marathon dispute

A mediation will be held later this month in a bid to resolve the marathon dispute between businessman Sean Quinn’s five adult children and Irish Bank Resolution Corporation concerning loans of €2.34bn, the High Court has been told.

Mr Justice Michael Twomey, who had urged the sides to consider mediation before embarking on a hearing which could take up to six months at costs of several million euro, was told today the sides had agreed to a mediation.