A dispute between property developer David Agar and his former business partner and close friend George Tracey over the ownership of stock in an investment fund, has come before the High Court.

AIB has been described as "caught in the middle" of a legal dispute between well-known Dublin developer David Agar and his former Westmeath business partner George Tracey.

Investors in a €128m AIB property fund are seeking millions in compensation for alleged mis-selling by the State-owned bank.