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Eamonn Farrell / Photocall Ireland
Sean Quinn
Seán Quinn's bankruptcy challenged by IBRC
The IBRC – formerly Anglo – is to apply for his insolvency proceedings in Northern Ireland to be annulled, saying the courts do not have jurisdiction over Quinn.
SEÁN QUINN’S INSOLVENCY proceedings are being challenged by the Irish Bank Resolution Corporation.
The IBRC (formerly Anglo) is aiming to have the bankruptcy annulled in the Northern Ireland courts, BBC News reports.
Its claim centres on the fact that the IBRC believes the courts do not have jurisidiction over Quinn, who owes 194 million to Anglo for property loans.
RTÉ says that Quinn gave the registered office and place of business of the Quinn Group as Derrylin, Co Fermanagh.
But the IBRC claims that in annual returns for 95 companies, Quinn gave Ballyconnell, Co Cavan, as his home address.
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