Quinn Insurance administrators got €375 per hour over 10 years for their work

Quinn Insurance administrators received €375 per hour over 10 years for their work, say court filings setting out millions of euro in professional fees racked up in the running of the failed business. The High Court appointed two Grant Thornton partners in 2010 to oversee the insurer established by bankrupt businessman Seán Quinn, which is soon to be wound down at an overall cost to the State of some €1 billion. More from the Irish Times.