Published Wednesday, 17 October 2012
Sean Quinn junior arrives at the High Court in Dublin (© PA)
Sean Quinn Junior's legal challenge was thrown out of court when four out of five judges dismissed his claims that he was not involved in a scheme to put the family's assets beyond the reach of the former Anglo Irish Bank.
But the 33-year-old son of the Co Fermanagh-born business man did win his appeal against an indefinite jail term handed down after the court found that he, his father and his cousin Peter Darragh did not comply with 30 coercive orders to unwind measures to strip assets from the family's International Property Group.
It is alleged Quinn junior was involved with a $500,000 payment to the then general director of Quinn Properties Ukraine just before the company was taken over by the rebranded bank in August last year.
In their ruling, the judges dismissed the appeal against the contempt order and three-month prison sentence imposed by the High Court in July.
However they overturned his indefinite incarceration relating to non-compliance with several orders intended to coerce the family to reverse asset stripping.
Quinn Junior could be released on Friday when he appears in the High Court with his former tycoon father.
He showed no emotion as the latest ruling was handed down, in stark contrast to his father's obvious upset at a rally supporting the Quinn family in Ballyconnell on Sunday.
Quinn Senior wept as his daughter spoke to crowds in the Co Cavan town, saying the family was embroiled in a "war" with the Anglo Irish Bank.
Peter Darragh Quinn, who was also found guilty of contempt, remains on the run in Northern Ireland.