U2 bassist Adam Clayton’s action to be paid the proceeds of the sale of a New York apartment purchased by his former personal assistant Carol Hawkins with what he claims was his money, is near settlement.

A High Court application by U2 bassist Adam Clayton to be paid the proceeds of sale of an apartment in New York purchased by his former personal assistant Carol Hawkins with what he claims is his money has been adjourned to allow for settlement talks.

A High Court judge has clarified what documents related to U2's Adam Clayton's expenses must be disclosed for the musician's action against a bank and firm of accountants over what he claims was a failure to detect that €4.8m was allegedly misappropriated from his bank accounts.