Quinn jnr seeks to purge contempt
An alternative financial proposal may be considered in relation to Seán Quinn jnr purging his contempt, the High Court heard today.
Counsel for Mr Quinn told the court there has been a suggestion that the Irish Bank Resolution Corporation (IBRC) might be satisfied to consider an alternative proposal for the expedition of the resolution of the issue.
Ross Aylward BL sought the directions from the court to enter into correspondence to seek clarification of what might satisfy the bank.
Previously Seán Quinn jnr has offered to sell his Dublin home in an effort to purge his contempt.
Ms Justice Elizabeth Dunne last June made findings of contempt against Mr Quinn, his father Sean snr and cousin Peter Darragh Quinn, of orders restraining stripping of assets from the family's international property group.
Mr Quinn was jailed for three months while his father was later jailed for nine weeks.
A warrant for the arrest of Peter Darragh Quinn to serve a three month term remains unexecuted while he remains at home in Northern Ireland.
Mr Quinn jnr has said he is anxious to purge his contempt and previously the judge was told the bank had decided to accept his offer to sell the home he shares with his wife Karen Woods at Alder Lodge, Farmleigh Woods, Castleknock, Co Dublin.
Ms Justice Dunne said the parties can engage in correspondence to clarify the issue.
The bank previously also consented to Mr Quinn's offer to go to Moscow to get statements concerning accounts held by Mr Quinn and other family members in Ocean Bank. The court previously heard that bank would not release statements unless an account holder appeared in person.
Ms Justice Dunne was told today minor technical difficulties had arisen about Mr Quinn's travel to Moscow and travel issues had to be resolved.
Ms Justice Dunne said slight hiccups over travel to Moscow had arisen and were not a major difficulty. She adjourned the case until February 15th.