THE Commercial Court has reserved judgment on an application by Sean Quinn's family to stop assets of Quinn companies being sold or moved to NAMA by the end of this year.
Ms Justice Mary Finlay Geoghegan said she was reserving her decision to a later date.
Kieran Wallace, the special liquidator of IBRC, contends Patricia Quinn and her five children have made out no legal basis for their application.
His counsel Paul Gallagher argued the court was entitled to take into account that members of the family had not contradicted the bank's claims they had engaged in asset stripping measures. Martin Hayden, for the Quinns, said the court should not take into account such claims by the bank in circumstances where it had not brought contempt proceedings against most of his clients.