Sean Quinn, Ireland's former richest person.
DUBLIN – A famed entrepreneur who was once rated Ireland’s richest person was declared bankrupt Monday as a bank pursues him for debts exceeding euro2.1 billion ($2.7 billion). Lawyers for tycoon Sean Quinn withdrew his opposition to a Republic of Ireland bankruptcy order sought by the former Anglo Irish Bank, the reckless lender at the center of Ireland’s calamitous property crash. The bankruptcy judgment will force a thorough court investigation of Quinn’s finances, which the bank hopes will reveal capital and assets that it can reclaim from Quinn, his wife and five children.
