Dubai’s Mashreq in settlement talks with ING over investment ‘trickery’ | The National

Dubai’s Mashreq in settlement talks with ING over investment ‘trickery’ | The National:



"Dubai’s Mashreq has agreed to settlement discussions in a lawsuit that it brought against ING Group in a New York court.



Court documents indicate that the US district judge Lorna Schofield last month referred the suit, launched by Mashreq in April, to a settlement court in New York, after a request from both parties made in December to go down the alternative dispute resolution track.



It is unclear which side initiated settlement discussions, or whether such discussions will prove successful."



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