20/05/2010

Quinn's Top Executive Quits

The boss of beleagured Quinn Insurance, Colin Morgan, has "decided to leave the company" after it was placed into administration in March when Ireland's financial regulator raised concerns about its solvency.

The company's Chief Executive Officer has been with the firm for seven years, and said yesterday he was sure it would "recover from current difficulties", but that "it is an opportune time for me to pursue other opportunities in my career".

Founder, Sean Quinn has already stood down from the board of the troubled Quinn Group. See: Quinn Steps Back As Stormont Steps In

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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".
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.
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.
16 December 2011
Ms Quinn Ordered To Pay Anglo €3M
The wife of Seán Quinn has been told to repay the former Anglo Irish Bank over €3 million over a loan she signed for with her husband five years ago. Patricia Quinn said she was a homemaker for 36 years and had no knowledge of business matters.
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.