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14/12/2011  |   a pedestrian in his 30s has been killed in a traffic incident in north Cork this afternoon. The man was fatally injured when he was struck

15/12/2011  |   one in eight calls to the Samaritans in the last 12 months was recession-related. The report also said 135,000 calls were silent or callers



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15/21/2011  |   the executive board of the International Monetary Fund has agreed to release €3.9 billion in loans to Ireland after completing its review of it's

16/12/2011  |   the euro zone crisis could push Ireland off track in meeting its deficit targets and could prompt further harsh austerity measures, a new



World News

15/12/2011  |   the flag of American forces in Iraq has been lowered in Baghdad bringing nine years of US military operations in Iraq to the end.

15/12/2011  |   a French court has given J Chirac a two-year suspended prison sentence for diverting public funds and abusing public trust.



Sport News

16/12/2011  |   both teams Arsenal and Chelsea will head for Italy in first leg following this morning’s draw for the Round of 16 in the Champions League

14/12/2011  |   Following the finals draw in Kyiv on 2 December, ticket sales for supporters of the 16 national teams in UEFA EURO 2012 started today.



Culture News

15/12/2011  |   for the past couple of weeks I’ve been in possession of a 55in TV. Your sitting room becomes a TV with a small living space attached.

13/12/2011  |   Nothing could provide a more powerful visual contradiction of the old notion that the Vikings were an alien presence in

Seán Quinn's wife ordered to repay the €3 million bank loan

Dublin ranks as the 26th best city in the world for quality of living
PADDY MALONE

The wife of bankrupt businessman Seán Quinn has been ordered to repay more than €3 million to the Irish Bank Resolution Corporation, formerly Anglo, after a judge ruled today she had no defence to the bank's claim.

Mr Justice Peter Kelly rejected arguments by Patricia Quinn that she was not obliged to repay the €3 million loan made jointly to herself and her husband in late 2006 on grounds she is a homemaker, and unduly influenced by her husband who regularly signed documents he put in front of her without reading them.

Having dismissed those and other arguments, he entered summary judgment for €3,059,951 plus costs against Mrs Quinn, and also refused her lawyer's application for a stay on his order.

The law since the middle of the 18th century allowed for no presumption of undue influence liability by arguing they were only

between a wife and husband, and there was also no actual evidence of undue influence by Mr Quinn over Mrs Quinn, such as bullying behaviour, he said.

The judge quoted from another High Court judge, the late Miss Justice Mella Carroll, who had said in another case 25 years ago, the day was long past when married women could be classified akin to infants and persons of unsound mind and evade liability by arguing they were only concerned with minding their house and children.

He rejected Mrs Quinn's other liability by arguing they were only claims of a defence on grounds she did not understand what she was signing and did not benefit from the €3 million loan. The truth is, he said, Mrs Quinn gave no thought to what she was signing but that could not be a defence.

What could be more negligent than willy-nilly signing legal documents without any thought to

their nature and effect? the judge asked. Even a glance at these documents would have made clear to all but the illiterate they related to a borrowing transaction, he added.

In this case, the couple were joint borrowers of the €3 million, and Mr Quinn was entitled to direct that the bank pay the monies to an account of Quinn Manufacturing Ltd. It was no concern of the bank's what happened to the monies after they were drawn down.

When there are joint borrowings, there is always the possibility that one borrower can use the funds at issue without the other borrower benefitting, he noted.

IBRC, formerly Anglo Irish Bank, had sought the summary judgment order against Mrs Quinn, with an address at Greaghrahan, over an unpaid loan made to herself and Mr Quinn in late 2006. Summary liability by arguing they were only judgment was previously entered against Mr Quinn.


Consumer uncertainty sees Irish economy shrink 1.9%

SANDRA JENSEN

The economy weakened considerably in the third quarter of the year, shrinking at the fastest rate in more than two years. A rise in exports was not enough

to keep momentum in the economy, with falling personal consumption and a significant decline in investment hampering the country. According to initial estimates gross domestic product fell by 1.9 per cent   »»»     13/12/2011


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PETER MURTAGH

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