The Quinns’ legal team, Eversheds, withdrew from representing Sean Quinn and his family in court on Monday, September 3.
The Quinn family released a statement last Friday, August 31 saying they are “annoyed and frustrated” that “due to the financial position we have been placed in as a result of Anglo’s hostile takeover of our companies, and recent Court Orders obtained by the bank, we have been forced to instruct our legal team, Eversheds, and Counsel to immediately withdraw from representing us.”
The Quinns blamed “this disastrous scenario” on Anglo Irish Bank, now IBRC “who have done everything in their power to ensure our challenge over the illegal loans advanced to our companies is never heard before the Irish courts.”
IBRC said the court “has made express provision for the discharge of reasonable legal expenses in connection with the litigation being pursued and defended by the Quinn family.”
Approving the application for Eversheds to withdraw representation for the Quinns, High Court judge warned members of Sean Quinn’s family they will be in contempt of court if they destroy documents being sought by IBRC which detail assets held by the family. Mr Justice Peter Charlton added it would also be contempt if files are sent to the bottom of the sea where they can be recovered from a lobster pot at a later date. The court also heard the Quinns have not complied with an order from July directing full disclosure of their assets and that there is concern that memory sticks containing certain documents have been stolen from the family.
The judge has put the issue of disclosure back until September 24th. The Eversheds legal team will remain on the record for Sean Quinn Junior’s Supreme Court appeal of Contempt of Court.