Business Irish

Wednesday 28 June 2017

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

Allison Bray

Allison Bray

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

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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