The action related to Paddy Power Plc’s use of Keane’s image on a billboard as Scottish hero William Wallace, in a still from the film Braveheart.
The image was allegedly placed on the side of a 40ft truck and driven around Dublin.
In his action,Keane sought damages and aggravated damages, claiming that his image had been used without his prior knowledge or consent. He also argued his constitutional rights were breached.
The matter came before Mr Justice Brian McGovern who was informed the dispute had been resolved to the satisfaction of both parties and could be struck out. No details of the settlement were revealed to the court.