Business Irish

Monday 5 December 2016

Sign of the times ... Quinn stripped of its logo

Published 14/11/2011 | 05:00

WORKERS used the cover of darkness to unobtrusively change the logo at the former Quinn Insurance headquarters in Co Cavan at the weekend.

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As the sun set on Saturday night, workers spent about two hours replacing the old 'Quinn Insurance' logo with a new 'Liberty Insurance' sign.

They also dug up the distinctive 'Q' spelt in gravel in a rock garden at the site.

The changes came as American insurer Liberty Mutual and former Anglo Irish Bank -- now re-named Irish Bank Resolution Corporation (IBRC) -- took over the insurance company formerly owed by Sean Quinn last week.

Mr Quinn, once regarded as the wealthiest man in Ireland, told a Belfast court last week that he now has assets of less than £50,000 (€58,487) during a successful bankruptcy application.

He is due to appear at the High Court in Dublin today as part of IBRC's bid to seek the €2bn plus it claims he owes the bank in outstanding loans.

Irish Independent

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