The Quinn Collapse


#1641

Not sure what PwC are making out but I think you’re incorrect. The guarantees relented to assets that were in the reserves, i.e. assets that were not owned by the Quinns but essentially owned by the policy holders. if the guarantees were called in then less reverses, maybe PwC are saying like the Quinners “ah shure, those guarantees wouldn’t have been called in anyway, so what are ya on about.”


#1642

Irish Times: Quinn nephew ordered to pay $188m in damages to IBRC over asset-stripping role


#1643

PDQ to pay $188M PDQ(not)!


#1644

Slieve Russell Hotel takes legal action over bill for lavish Quinn wedding - Tom Lyons -> independent.ie/business/iris … 97068.html


#1645

New Swedish Quinn bankruptcy - -> translate.google.com/translate?s … 83.dbp.asp
2013-04-30

Nya svenska Quinn-konkurser -> realtid.se/ArticlePages/2013 … 83.dbp.asp


#1646

Sean Quinn case: Ukrainians to challenge contempt ruling -> bbc.co.uk/news/uk-northern-ireland-22643613


#1647

Film being written of tycoon Sean Quinn’s fall -> irishnews.com/news/film-bein … ll-1253223


#1648

Government knew about Quinn and Anglo - -> leitrimobserver.ie/news/loca … -1-5071752
11/05/2013


#1649

Insurance firm PMPA to exit administration after 30 years - Tim Healy -> independent.ie/business/iris … 09350.html


#1650

Quinn’s large windfarm in North is put up for sale - John Mulligan -> independent.ie/business/iris … 12084.html

Hedge fund offers €80m for Quinn portfolio - Tom Lyons -> independent.ie/business/iris … 13769.html


#1651

rte.ie/news/2013/0611/455995-sean-quinn-jnr/

Only 1 property has sold for in excess of 400K since the advent of the Price Register. That was in 04/10. The most recent sale was in 11/11 for 340K. There are no properties currently for sale in Alder Lodge. I don’t know enough about the area to show an equivalent.
daft.ie/priceregister/?keywo … Lodge&a_id]=198&cc_id=c1
Sounds like the classic, “We’d sell the house your Lordship but unfortunately no one is offering us what it’s worth”. Again, there are no properties currently for sale in Alder Lodge.


#1652

Alder Lodge is in Farmleigh woods where a 1000 sq ft 2 bed apartment is for sale on “My Home” asking 350 Euros at present. Mr Quinns lives in a very large luxury Penthouse which will probably be asking minimum 800,000 and maybe 1,000,000 if it ever goes on open sale ???


#1653

you’re having a laugh?

7 Farmleigh Ave a large house sold for 809k
viewtopic.php?f=10&t=59802


#1654

Alder Lodge is a huge penthouse. Time will tell who is nearer the selling price.


#1655

Quinn family fight against Anglo closest yet to banking inquiry - Colm Keena -> irishtimes.com/business/sect … 271?page=2


#1656

Court finds ‘substandard’ Quinn disclosure in IBRC case

irishtimes.com/news/crime-an … -1.1459100


#1657

So there’s no penalty for this, they just have to go back and do it properly?


#1658

No updates for a week gang? I guess people on here don’t like it when the mighty Quinn turns the tables :wink: :

irishtimes.com/news/ireland/ … -1.1466343


#1659

Interesting, if true. Remember, these are just allegations by known liars. Hard to take them too seriously.


#1660

What does it really matter? If the bank had not loaned Quinn €2 Billion then what would have happened? Would he have only been half pregnant?

Quinn bankrupted himself before the loan was issued. If the loan never happened he was still bankrupt.