Court to decide tomorrow week on whether Quinn family can continue legal action

07/03/2013 - 14:48:51

The Commercial Court will decide tomorrow week whether a legal action by bankrupt businessman Sean Quinn's family against the former IBRC can continue.

Their lawyers say the Commercial Court has the power to lift a statutory stay on their lawsuit against IBRC.

The stay, which affects all existing legal proceedings against the bank, took effect when the Oireachtas enacted emergency legislation last month to wind up IBRC.

The Quinns are suing the former Anglo Irish Bank over the legality of €2.3bn of loans issued to Quinn companies.

Click to stay connected with
more stories like this:

No further action expected after gardaí escort Sean Quinn Jnr from train	Lack of Quinn documents 'neither credible nor acceptable'
Quinn lawyers trying to lift stay on lawsuit against IBRC	IBRC Act to be examined by court as Sean Quinn case stalls
Sean Quinn case: No instructions yet for IBRC lawyers from liquidators	Quinn Jnr denies having Russian company documents
Son in law of Quinn family doesn't have 'active policy' of keeping documents	Aoife Quinn faces second day of cross-examination

Court to decide tomorrow week on whether Quinn family can continue legal action

More like this story

Most Read in Ireland»