By Adele Hall

The Bankruptcy Order issued by the High Court in Belfast to Sean Quinn has been annulled by Mr Justice Deeny as of Tuesday 10th January 2012.

This annulment was based on an examination of Mr Quinn’s business activities and specifically his centre of main interests as outlined in the 2001 Council Regulation EC 1346/2001 relating to insolvency proceedings in Member States of the European Union.

Upon examination of Mr Quinn’s business activities, Mr Justice Deeny concluded that they were primarily based around offices in Cavan and Dublin as opposed to the office in Derrylin Business Park, Co. Fermanagh as per the original application for bankruptcy. In reaching the decision, Mr Justice Deeny looked closely at evidence such as invoices, a lease, and letterheads.

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