Quinn family to take Anglo Irish Bank to court
Sean Quinn’s family has lodged an Irish High Court action seeking damages against Anglo Irish Bank over alleged negligence, breach of duty and intentional and/or negligent infliction of economic damage.
It is understood that the claim for damages totals hundreds of millions of Euros and has arisen from events of the past two years that led to the family losing control of the Quinn group of businesses, reported the Irish Times.
The family are seeking to overturn the appointment of Kieran Wallace by Anglo Irish on 14 April 2010 as receiver over shares held by them in the Quinn Group and various related companies.
They claim that charges made in favour of Anglo from late 2003 up to 2009 over
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