The High Court has heard the Minister for Finance may apply to dismiss two sets of proceedings challenging the recapitalisation of Irish Life and Permanent.
€2.7bn of State money was pumped into the institution following a court order in July.
One of the shareholders objecting to the move today told the court that he believes that the Minister realises his case will not stand up to scrutiny and his lawyers are now "harassing and coercing" the other side into dropping their actions.
Lay litigant, Piotr Skoczylas, who is a director of Malta-based hedgefund Scotchstone, said the proceedings were among the most important in the history of the state and should be tried in the interest of the taxpayer and IL&P's shareholders.
He also submitted that it should be fast-tracked to the Commercial Court.
The case will come before the President of the High Court for directions next month
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