Michael Lynn, the solicitor who is being pursued by several financial institutions for multi- million euro sums, has assets worth an estimated €52.4 million, it has emerged at the High Court.

Mr Lynn has listed in a court document 154 bank accounts in Ireland and abroad linked to him or his firms. He has listed 148 properties or sites in Ireland, Europe and the US. Some 107 properties are in Ireland with the remainder in countries including Portugal, Slovakia and the US.

Mr Lynn's Irish properties are valued at €25.4 million, his overseas properties at €5 million and the assets in his overseas property companies in the "Kendar Global" group at €18.5 million.

The statement, which was prepared by accountants Grant Thornton, also lists assets of €1.8 million in his property company, Proper T Capel; a pension of €1.1 million; stocks and shares worth €322,185 with Dublin stockbrokers Bloxham; and cash at bank based on balances of €123,390.

Mr Lynn lists four development sites in Bulgaria and Slovakia, two in each country, and another four in Hungary. He was planning 169 apartments on three of the Hungarian sites. Among Mr Lynn's assets are two properties in London, two in Dorset, two in Dubai, two in New York and three in the financial area of Shanghai. He has accounts in Portugal, the US, Slovakia, Bulgaria, Hungary and Liechtenstein.

Of his 154 accounts, the largest cash balance is €924,349, held in Kendar's account at Portugal's biggest bank, Millennium BCP.

Kendar Portugal received loan approval for €26.7 million in July from Millennium BCP for its property development at Cabanas on the Algarve. Kendar Portugal also has a cash balance of €291,683 on an account with Barclays.