U2's Adam Clayton and his former personal assistant have reached an agreement over the sale of a New York apartment, the High Court heard today.

Mr Clayton has brought proceedings against his former assistant Carol Hawkins over allegedly misappropriating large sums of money from Mr Clayton to acquire a number of assets.

Earlier this month, Mr Clayton's lawyers told the court they wanted to apply in New York for a freezing order on an apartment, which is Ms Hawkins' main asset.

Today the court was told the parties had agreed the apartment at 300 Rector Place in Manhattan could be sold.

Under the agreement, the proceeds of the sale would be held in a bank account in the joint names of solicitors for both sides and the signature of both parties would be needed for any transaction.