Anglo's behaviour towards Quinn children was 'morally reprehensible', High Court hears

Anglo Irish Bank behaved in a “morally reprehensible” manner towards Sean Quinn’s children when they signed guarantees for loans of hundreds of millions of euro aimed at propping up its falling share price, the High Court has been told.

These five young people were ignorant of the bank’s true financial position when they signed guarantees in 2007 and 2008 and were never contacted by Anglo about the guarantees, Bernard Dunleavy SC said. “It did not even know their ages.”