Bank of America is set to accuse the Dutch company court of flouting Dutch and European regulations in its ‘shocking and unlawful’ decision to block its $ 21 bn takeover of Dutch bank ABN Amro’s US arm LaSalle, according to today’s Financial Times.

The US bank and ABN Amro are looking to overturn the decision in the Dutch supreme court in a case that could determine whether ABN Amto is acquired by the UK’s Barclays or a trio of banks led by Royal Bank of Scotland. RBS is also keen to acquire LaSalle.
The company court ruled in favour of case filed by Dutch shareholder lobby group VEB claiming that ABN Amro’s sale of LaSalle should have been put to shareholders. The supreme court is expected to rule on the case in early July.