Some family members of bankrupt businessman Seán Quinn have been given between six and 10 weeks to produce a range of material, including alleged contracts of employment with Russian companies and documents indicating how they spent substantial monies received from those companies.
Martin Hayden SC, for the Quinns, had argued his side would need up to 16 weeks to disclose some of the material sought and did not have the resources to produce the material within six weeks as sought by Irish Bank Resolution Corporation.
Ailil O’Reilly, for IBRC, rejected those arguments and said the Quinns had been on notice for some time this material was being sought. Counsel said he also understood funding for the litigation was coming from a Northern Ireland based trust, the Erne Trust.
When Mr O’Reilly later accepted there was no evidence before the court concerning the allegation on the funding of the litigation, Mr Justice Peter Kelly said he was not taking such a claim into account in his decision as it was not based on any evidence.
