A lawyer for the U.S. Department of Justice said on Friday morning that the U.S. government and UBS AG are still discussing a settlement deal in their high-stakes tax dispute and need additional time before discussing the case with a federal judge in Miami , Wall Street Journal reports.
Meanwhile, the U.S. and Swiss governments announced a deal in principle last week. No details have been released.
U.S. District Judge Alan S. Gold set a Friday morning hearing, then gave the sides a few more hours and scheduled a new time shortly before noon , The Associated Press reports.
However, Gibson asked the judge to delay the rest of the conference call by a few hours to allow the discussions to reach a settlement on the diplomatically sensitive tax-evasion case to continue.
The judge rescheduled it for 1530 GMT (11:30 local time).
A final out-of-court settlement between the US and Swiss governments and the banking giant is widely expected to avoid a federal court trial scheduled to open Monday in Miami , AFP reports.
Russia, when signing documents for the sale of Alaska to the United States, was realizing her objective benefit
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia