Kirch Settlement Deutsche Bank's Ongoing Legal Woes

A settlement has been reached in the 12-year legal battle between the heirs of the late media mogul Leo Kirch and Deutsche Bank. But Germany's largest lender hasn't seen the last of its legal headaches.
The late Leo Kirch (l) brought a lawsuit against Deutsche Bank's former CEO Rolf Breuer (r) and Deutsche Bank over comments made by Breuer in 2002 about the creditworthiness of Kirch's media group.

The late Leo Kirch (l) brought a lawsuit against Deutsche Bank's former CEO Rolf Breuer (r) and Deutsche Bank over comments made by Breuer in 2002 about the creditworthiness of Kirch's media group.

Foto: MICHAEL DALDER/ REUTERS
Translated from the German by Jane Paulick