Robert Murat, the first named suspect in the disappearance of Madeleine McCann, has settled libel claims against several British news outlets for £500,000, it was reported today.
Lawyers acting for Mr Murat, 34, an Algarve-based property consultant, announced the libel action in April.
Today law firm Simons, Muirhead and Burton confirmed that a statement would be read at the High Court on Thursday, but refused to comment further.
The media outlets named in the original libel action were Sky, the Daily Express, Sunday Express, Daily Star, Daily Mail, Evening Standard, Metro, Daily Mirror, Sunday Mirror, News of the World, The Sun and The Scotsman.
In May Mr Murat secured an apology from The Scotsman for a piece it ran about the disappearance of four-year-old Madeleine from Praia da Luz in Portugal last year