Posted on September 16, 2009 by Victoria Pynchon

Russia and Bank of New York Mellon Use Litigation as an Opportunity to Make a Business Deal

 Just like I'm always saying -- this from the Wall Street Journal Law Blog

 [T]he Bank of New York Mellon has reached an agreement to settle a $22.5 billion lawsuit by the Russian government for $14 million. The deal was reportedly reached after the two sides made a separate deal for a trade-financing pact. Click here here and here for earlier LB coverage.

Now that's a business savvy settlement!

 

 

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