Anglo Irish Bank proceedings against Cork solicitor struck out

High Court proceedings by Anglo Irish Bank against Co Cork solicitor Declan Guilfoyle, who allegedly planned to liquidate the State-owned bank, were struck out today.

Barrister John Breslin, for Anglo, told Mr Justice Michael Peart that orders, restraining the Midleton solicitor from advertising a petition to wind up the bank, could be struck out following a statement by senior counsel on Mr Guilfoyle’s behalf.