€1.7m Quinn fees approved by Court
The joint administrators of Quinn Insurance have had their fees of €1.7m for the first three months of the year approved by the High Court.
Michael McAteer and Paul McCann of accountants Grant Thornton each charged an hourly rate of €475, the Irish Independent reports.
Mr McAteer's fees for the first three months of the year amounted to €168 625, while Mr McCann's amounted to €94 763.
The highest hourly rate charged was €735 per hour for Simon Sheaf, director of Grant Thornton's UK-based actuarial team.
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