Quinns to discover if they face jail20/07/2012 - 07:01:05
The threat of prison still hangs over Sean Quinn as his case returns to the High Court this morning.
Ms Justice Elizabeth Dunne is to review whether the bankrupt businessman, his son Sean and his nephew Peter Quinn have complied with orders aimed at reversing a conspiracy to put assets beyond the reach of the former Anglo Irish Bank.
The case is only up for mention in the High Court, but today is the date set by Ms Justice Elizabeth Dunne for the Quinns to comply with a series of orders.
Three weeks ago the judge said she was satisfied all three businessmen were involved in a conspiracy to deprive Anglo of access to Quinn assets.
The bank, now IBRC, claims it is owed €2.3bn, while that sum is contested, the Quinns do acknowledge a debt of €455m to Anglo.
Days earlier the judge found the men were in contempt of existing court orders and she has indicated if they fail to comply this time punitive measures may be on the cards.
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