Doral: Negotiations with Puerto Rico Treasury continue

|About: Doral Financial Corporation (DRL)|By:, SA News Editor

"Doral (DRL +3.3%) has not left negotiations," says the bank's attorney, noting Treasury's new outside counsel - Foley & Lardner - has a conflict of interest, having represented Doral in a related matter.

The judge presiding over the case says negotiations are to continue under her supervision without the participation of Foley & Lardner.

Previously: Doral Financial on the move ahead of hoped-for settlement