Tuesday 21 November 2017

Sean Jnr appeal date set for October

Tim Healy

THE son of bankrupt businessman Sean Quinn Snr looks likely to remain in prison until at least October -- unless he purges his contempt.

Sean Quinn Jnr's appeal over his three-month sentence for "outrageous" contempt of court will be heard by the Supreme Court.

But unless the High Court finds he has purged his contempt before the appeal hearing, it now appears he will remain in prison until early October.

A warrant remains unexecuted for his cousin, Peter Darragh Quinn, who did not attend a High Court hearing last Friday where orders were made jailing both men.

The jailing orders were made by Ms Justice Elizabeth Dunne following her finding that Sean Jnr, his father and Peter Darragh Quinn failed to adequately comply with a series of coercive orders made by her aimed at unwinding the scheme to strip assets valued at up to €500m from the Quinn family's international property group.

At the Supreme Court yesterday Ms Justice Susan Denham said the court would hear the appeal in early October.

No exact date was set.

Also yesterday, in the High Court, Mr Justice Michael Moriarty made directions for the discovery of documents for the Commercial Court action by Mrs Patricia Quinn and her five children in which they claim they are not liable for some €2.35bn of the loans made to Quinn companies due to alleged illegal conduct by the bank in advancing those loans to support its share price.

The IBRC denies those claims and the action has been returned for further mention in October.

Irish Independent

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