Web Summit dispute struck out at High Court

After the case was settled, founder Paddy Cosgrave said he was 'delighted' that two of his former friends would leave the company

Paddy Cosgrave leaving the High Court after a settlement was reached in the dispute between the three principal shareholders in Web Summit.

The bitter High Court civil trial involving three shareholders of tech conference giant Web Summit has been struck out with no order on legal costs.

The case was settled last month after talks between the parties concluded with founder Paddy Cosgrave saying he was "delighted" that two of his former friends would now leave the company.