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15/04/2010
Quinn To 'Accept Full-Time Administrator'
There's been a virtual 'U-Turn' by the belagured Quinn Group with news that it is to tell the Dublin High Court that it will no longer object to the permanent appointment of administrators to Quinn Insurance.
According to RTÉ News, the development could come before the courts as early as today, even though a spokesman for the Quinn Group has declined to comment.
If it proves to be true, this would be a significant shift in the position of the Quinn Group.
It is understood the company has now come to the conclusion that Quinn Insurance would have a better chance if it was dealing with a full-time administrator.
The company has been increasingly concerned about the damage it is suffering as a result of the ban on it doing business in Northern Ireland and the rest of the UK.
If the administrators are appointed, it would clear the way for them to sell the insurance company if they see fit.
See: Quinn Group Goes Into Administration
(BmcC)
According to RTÉ News, the development could come before the courts as early as today, even though a spokesman for the Quinn Group has declined to comment.
If it proves to be true, this would be a significant shift in the position of the Quinn Group.
It is understood the company has now come to the conclusion that Quinn Insurance would have a better chance if it was dealing with a full-time administrator.
The company has been increasingly concerned about the damage it is suffering as a result of the ban on it doing business in Northern Ireland and the rest of the UK.
If the administrators are appointed, it would clear the way for them to sell the insurance company if they see fit.
See: Quinn Group Goes Into Administration
(BmcC)
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15 April 2011
Sean Quinn Forced Out Of Insurance Firm
A leading Irish entrepreneur is to loose control of the insurance business he personally founded after it ran into financial problems. Sean Quinn and his family will no longer have any role in the management of the Quinn Group following a restructure.
Sean Quinn Forced Out Of Insurance Firm
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02 October 2012
Seán Quinn Jnr Appeal Launched
Ireland’s Supreme Court has begun hearing an appeal launched by Seán Quinn Jnr against his three month jail term. His lawyers have told the Supreme Court his indefinite imprisonment for contempt of court and failing to reverse an asset-stripping conspiracy is "incorrect and legally wrong".
Seán Quinn Jnr Appeal Launched
Ireland’s Supreme Court has begun hearing an appeal launched by Seán Quinn Jnr against his three month jail term. His lawyers have told the Supreme Court his indefinite imprisonment for contempt of court and failing to reverse an asset-stripping conspiracy is "incorrect and legally wrong".
31 March 2010
Quinn Insurance Taken Into Receivership
A multi-million pound Irish business that began in 1973 as a small gravel pit on the Quinn family farm in the border county of Fermanagh is in trouble. There was widespread shock and concern yesterday at news that the Quinn Insurance Group has been put into administration by the High Court in Dublin.
Quinn Insurance Taken Into Receivership
A multi-million pound Irish business that began in 1973 as a small gravel pit on the Quinn family farm in the border county of Fermanagh is in trouble. There was widespread shock and concern yesterday at news that the Quinn Insurance Group has been put into administration by the High Court in Dublin.
04 October 2012
Quinn Hard-Drive Smashed, Court Told
The Supreme Court has been told that a computer hard drive which contained crucial information pertaining to the recent charges against the Quinn Group was deliberately smashed. The hard drive was part of the operations of a Quinn Group Russian company.
Quinn Hard-Drive Smashed, Court Told
The Supreme Court has been told that a computer hard drive which contained crucial information pertaining to the recent charges against the Quinn Group was deliberately smashed. The hard drive was part of the operations of a Quinn Group Russian company.
01 November 2012
Quinns Due Back In Court
Sean Quinn and his son are due back in a Dublin court later as the inquiry continues as to whether or not the former billionaires have complied with court orders. Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
Quinns Due Back In Court
Sean Quinn and his son are due back in a Dublin court later as the inquiry continues as to whether or not the former billionaires have complied with court orders. Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
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