Atrium and Meinl Bank Agree to Stop All Legal Proceedings

Professional ServicesReal Estate ♦ Published: June 17, 2011; 14:17 ♦ (Vindobona)

The American-Israeli real estate fund and the Austrian bank reached a settlement agreement on the dismissal of all claims between them.

Atrium and Meinl Bank Agree to Stop All Legal Proceedings / Picture: © Vindobona.org

Atrium European Real Estate Limited (Atrium) announced that it had today entered into a settlement agreement with Meinl Bank, Julius Meinl and all of the parties that Atrium named as defendants in all of the legal proceedings the company filed related to its dispute with Meinl Bank (among others, including certain former directors of Atrium prior to 1 August 2008). Gazit-Globe and…