Quinn Insurance in Administration

[thebigfella]

Bless the wit of anyone who gives a shite what Fintan O'Toole says.

So point out the inaccuracies in his piece then

That would mean reading a Fintan O'Toole article. I stopped doing that long long ago. Sad thing is that arrogant arseholes like O'Toole unfortunately are opinion formers for many in Ireland. Small wonder people seem more interested in lambasting Sean Quinn than Anglo and the FF-esque assholes running theyour country.

Fixed that for ya.

[Nally Stand]

Bless the wit of anyone who gives a shite what Fintan O'Toole says.

So point out the inaccuracies in his piece then

That would mean reading a Fintan O'Toole article. I stopped doing that long long ago. Sad thing is that arrogant arseholes like O'Toole unfortunately are opinion formers for many in Ireland. Small wonder people seem more interested in lambasting Sean Quinn than Anglo and the FF-esque assholes running theyour country.

Fixed that for ya.

Yawn

[fearbrags]

http://www.rte.ie/news/2012/1017/sean-quinn-jnr-court.html

[supersarsfields]

SS, nobody is disagreeing with the notion that the political community are capable of bending the rules to suit their own agenda. I think we both agree that it has yet to be proven either way in this case, and that time will reveal whether or not the Quinns deserve to keep their assets. We both have different views right now, but if a court of this land rules that the family are entitled to the spoils of this "war", then so be it.

However the Quinns are going another step here - they are accusing the courts of corruption. That is a huge accusation and if they are doing so without proof, is essentially treason against the state. Of course it's subversive and Fintan O'Toole is right to call it as such - there's nothing opinionated about that. That's the very definition of treason, you are calling into question a fundamental pillar of the state. 

Secondly, it's only the Quinns that seem to want it both ways here. Right now, the law of the land is in favour of IBRC. The Quinns disagree, and they are entitled to appeal that all the way up to the European Court of Justice if they so choose. However it seems to me that they want it both ways. If the courts find in their favour, the state would be obliged to make restitution to them, and as we all know, the state will pay its bills, even when it doesn't have the money to do so. However if the courts rule against them, they want to be able to keep all their stuff anyway. Why the squirrelling away of assets, if you believe in the courts and you believe in right and wrong? Or if you don't believe in the courts, why go through them? Why not just form your own army and declare the independent republic of greater Derrylin, which is pretty much the next step to what they're doing now.


If I was to go up to one of their family's houses and break in, steal their property and commit acts of assault against them, they would rightly call the guards and expect the legal system to prosecute me. Yet they are showing no respect for that same legal system now, instead deciding that they know best and engaging in chicanery to ensure that the Irish taxpayer gets stiffed, REGARDLESS of whether the courts side with them or not.

How in God's name can you not see the malevolence and greed here?

The Dail is a fundamental pillar of the state, but is often called into question here. How is that any different? Or is that Treason as well? Proof of political influence over a court might be a hard thing to prove "beyond doubt". But I'd take the decision today by the supreme court to over rule parts of Justice Dunne's ludicrous sentencing as enough to sew a seed of doubt. How she felt she could firstly imprison someone for the actions of someone else and tell them that they were to be held indefinitely until the other person purged their contempt was crazy. Ask any legal official you will about that. It was infringement of their basic human rights. That meant that had Sean Quinn Jr decided to purge his comtempt, it wouldn't have mattered and that he was not in a position to allow for his own release but was dependent on someone else to do so. It was a nonsense ruling that in my opinion was lead by political influence and the need to exert pressure on Sean Sr by whichever means possible. 

Also what you fail to metion is that the majority of asset stripping was done before the Injunction, hence why they were only held in contempt for 3 cases out of 30. So in effect they moved assets that they didn't believe Anglo had any right to, and who at the time of moving had insufficient security over the assets. Otherwise the Quinns would be looking at criminal charges rather than civil. And at the end of the day Anglo weren't waiting to prove their security over the assets was legal before they move to take the assets so why did you think the Quinns would do otherwise?

[FermGael]

How come the Treasury Holding boys are not getting the same treatment as the Quinn's?
There seems to be very little media 'outrage' at there actions and movement of assets.
No movement by NAMA to have them in contempt.
Why is this now?

[orangeman]

Sean senior going to swop places with Sean Junior later on today ?

[sheamy]

How come the Treasury Holding boys are not getting the same treatment as the Quinn's?
There seems to be very little media 'outrage' at there actions and movement of assets.
No movement by NAMA to have them in contempt.
Why is this now?

[FermGael]

Exactly.  It's All about who you know.  The D4 crowd will protect there own.
The media has there villian in the Quinn's and that's all they need.

[orangeman]

The case of Sean Quinn Sr, once Ireland's richest man has been adjourned in the High Court in Dublin.

The cases of Mr Quinn, his son Sean Quinn Jr, and nephew Peter Darragh Quinn, were to be reviewed.

On Wednesday, Sean Quinn Jr lost a Supreme Court appeal against a three-month sentence for contempt of court.

Sean Quinn Sr was spared jail in order to co-operate with the Irish Bank Resolution Corporation, the former Anglo-Irish Bank, in recovering assets.

On Friday, the judge decided to adjourn the case for two weeks.

[AQMP]

SQ Jnr to be released later today.  SQ Snr gets another two weeks for his legal team to look at Anglo evidence of alleged further asset stripping.  Case adjourned.

[sammymaguire]

SQ case adjourned for 2 weeks. SQ Jr getting out later on today

[orangeman]

SQ Jnr to be released later today.  SQ Snr gets another two weeks for his legal team to look at Anglo evidence of alleged further asset stripping.  Case adjourned.

2 weeks to get the suitcase packed for a 3 month holiday at the governement's expense.

[orangeman]

Quinn's have a new legal team.

A High court hearing of contempt proceedings against Sean Quinn and his son has been adjourned for two weeks.

A new Belfast-based legal team asked the court for more time to prepare a defence for the former billionaire.

The status of Seán Quinn Jnr who has served three months in jail remained "uncertain" today as Ms Justice Elizabeth Dunne said it was up to the prison authorities to decide on his release time.

That is expected to take place later today as his sentence has now expired.

Lawyers for IBRC, the former Anglo Irish Bank, told the court there had still been no meaningful co-operation from Seán Quinn Snr to comply with orders of the court to reverse the asset stripping of Quinn companies.

The court was told "nothing had been done and no steps had been taken".

Senior Counsel Paul Gallagher also wants the court to consider new evidence of control over companies previously denied by the Quinns.

Ms Justice Elizabeth Dunne described the new evidence as of great concern.

She told the Quinns new legal team to concentrate on the compliance issues rather than historical issues in the case.

Counsel for Seán Quinn Snr said his age and medical condition should be taken into account when punitive measures are being considered.

However he said Mr Quinn will say he has been co-operating fully and is willing to do more. The Quinns have also written to IBRC asking if mediation would be possible in the case.

[orangeman]

Sean Quinn Jnr is a free man.

He left the High Court hand in hand with his wife Karen Woods today after serving a three month jail term for contempt of court.

[supersarsfields]

Exactly.  It's All about who you know.  The D4 crowd will protect there own.
The media has there villian in the Quinn's and that's all they need.

Would someone be able to give a summarised version of events on the whole Treasury Holdings dealings. I have a small understanding of what's going on but have to admit not in-depth. and I somehow feel that I must be missing something, somewhere along the lines?