Settlement anticipated in BoI case against Celtic manager Lennon

The High Court looks set to approve a settlement between Celtic Football Manager Neil Lennon and Bank of Ireland in a legal dispute over €3m.

The bank claims the Glasgow manager gave a personal guarantee for a loan to a building company called Rocket Developments.

This case was supposed to start this morning in the Commercial Court in Dublin but lawyers for the two sides have been locked in talks.

And it now seems a settlement will be presented to Ms Justice Mary Finlay Geoghegan for her approval this lunchtime.

Bank of Ireland was suing Neil Lennon for around €3m because allegedly the Celtic manager had provided a personal guarantee for a loan to builders Rocket Developments for a housing project in Co Louth.

The bank admitted it lost the actual guarantee but insisted it could produce evidence that Neil Lennon signed it at the Dublin airport branch in February 2006 - having arrived in with a set of golf clubs.


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