Ireland's richest man fucked by the fairies

[klr]

It's leprechauns all the way down.

Anyway, he's a long way from being out of the woods:

http://www.irishtimes.com/newspaper/bre ... ing36.html

Seán Quinn told to repay €1.7bn

Bankrupt businessman Seán Quinn has been ordered to repay more than €2 billion to the Irish Bank Resolution Corporation (IBRC), the largest summary judgment amount ever entered in the Irish courts.

...

[Svartalf]

and just what's that? What is it that he owes so much so obviously that the sum is granted by summary judgment?

[Xamonas Chegwé]

If this had been a Lozzer thread, I would never, ever have clicked on it.

[Gawdzilla Sama]

If this had been a Lozzer thread, I would never, ever have clicked on it.

You just invoked him.

[klr]

and just what's that? What is it that he owes so much so obviously that the sum is granted by summary judgment?

In a nutshell: The court found that he had given personal guarantees to companies in his own business empire.

I suspect that part of the reason for it being a summary judgement is that Quinn did not oppose the proceedings. That does not mean he ever intends paying over as much as a red cent if he can manage it.

[Xamonas Chegwé]

If this had been a Lozzer thread, I would never, ever have clicked on it.

You just invoked him.

No I didn't - you have to say it three times, backwards.

[Svartalf]

and just what's that? What is it that he owes so much so obviously that the sum is granted by summary judgment?

In a nutshell: The court found that he had given personal guarantees to companies in his own business empire.

I suspect that part of the reason for it being a summary judgement is that Quinn did not oppose the proceedings. That does not mean he ever intends paying over as much as a red cent if he can manage it.

Good thing he doesn't own any more assets that could be seized, eh?

[Gawdzilla Sama]

If this had been a Lozzer thread, I would never, ever have clicked on it.

You just invoked him.

No I didn't - you have to say it three times, backwards.

You mean rezzoL, rezzoL, rezzoL?

[klr]

and just what's that? What is it that he owes so much so obviously that the sum is granted by summary judgment?

In a nutshell: The court found that he had given personal guarantees to companies in his own business empire.

I suspect that part of the reason for it being a summary judgement is that Quinn did not oppose the proceedings. That does not mean he ever intends paying over as much as a red cent if he can manage it.

Good thing he doesn't own any more assets that could be seized, eh?

He distributed them amongst his family, if reports are accurate. It still won't be nearly enough to pay his debts of course.

[Rum]

Over leverage worse than too much beverage!

Greedy twat.

[Xamonas Chegwé]

If this had been a Lozzer thread, I would never, ever have clicked on it.

You just invoked him.

No I didn't - you have to say it three times, backwards.

You mean rezzoL, rezzoL, rezzoL?

So long, Zilla. Nice knowing you...