A High Court judge hopes to be in a position to give judgment on the minister for finance’s bid to halt a number of legal challenges to the Government’s recapitalisation of Irish Life and Permanent early next month.

A High Court judge hopes to be in a position to give judgment on the Minister for Finance's bid to halt a number of legal challenges to the Government's recapitalisation of Irish Life and Permanent early next month.

A number of legal challenges brought against the Government’s recapitalisation of Irish Life & Permanent should be struck out because those taking the actions lack the legal standing to do so, lawyers for the Minister for Finance argued yesterday.

IRISH Life and Permanent could face lawsuits and fines stemming from its role in the Anglo Irish bank scandal as it plans a new structure.