Settlement talks ongoing between lawyers for former La Stampa owner Louis Murray and receiver

Talks between lawyers for former La Stampa restaurant owner and those for a bank and a receiver have achieved a "conditional basis for a settlement" of the dispute between them, the High Court has heard.

Louis Murray and his company, Balieboro Spring Water, in receivership, are suing AIB and a receiver over an alleged breach of an agreement for the consensual sale of two Dawson Street, Dublin, properties which housed the restaurant, a hotel, and a bar.