Settlement may be reached next week in Quinn children case

Seán Quinn snr’s five adult children dispute claims they are liable for €410m under guarantees

Sean Quinn’s children, Sean jnr, Aoife and Brenda, at the Four Courts where their action against IBRC  has now been deferred to allow for talks between the parties. Photograph: Collins Courts

Sean Quinn’s children, Sean jnr, Aoife and Brenda, at the Four Courts where their action against IBRC has now been deferred to allow for talks between the parties. Photograph: Collins Courts

A settlement could be reached next week of the marathon case by Sean Quinn’s five adult children challenging the validity of securities provided by them for hundreds of millions of loans advanced by Anglo Irish Bank to Quinn companies.

The five dispute claims they are liable for some €410 million, €82 million each, under guarantees.

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