The Irish Bank Resolution Corporation is to ask the Commercial Court to appoint receivers over the assets of Seán Quinn's daughters and two of his sons in law.
The bank is making the application in the context of video footage obtained by the Mail on Sunday, a transcript of which was published last Sunday.
A full hearing of the application to freeze the assets of all five Quinn children, as well as his nephew Peter Darragh Quinn and sons in law, Stephen Kelly and Niall McPartland, is due to take place at the end of this month.
Lawyers for the bank told the court this morning they would also be seeking to have the receiver appointed at the same hearing.
A receiver has already been appointed to the assets of Seán Quinn Junior and Peter Darragh Quinn as a result of a judgment of the High Court last week which found they were in contempt of court.
Separately, the Commercial Court also ruled this morning that Seán Quinn Senior was not allowed to defend himself in third party proceedings taken against him by the bank. These proceedings are part of the action taken by Mr Quinn's children and his wife Patricia, against the bank.
They claim they are not liable to repay more than €2 billion of loans given to them by the former Anglo Irish Bank because they claim the loans were given for the illegal purpose of propping up the bank's share price.
Mr Quinn and two other former senior executives in the Quinn group have been named as third parties to the proceedings by the Bank.
Mr Justice Peter Kelly ruled that as Mr Quinn was a bankrupt he could not defend himself in these proceedings in circumstances where the court official responsible for his estate had declined to take part in the case.
He ruled that when the main proceedings get underway, which will not be for at least several months, the bank can bring a motion seeking judgment against Mr Quinn in default of a defence.
