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Amazon Seeks to Bury Legal Battle Over Indian Partner’s Assets

  • Future Retail, Amazon, Reliance to explore settling dispute
  • Amazon faced regulatory probe as fallout of litigation

Amazon.com Inc. and its sparring partner Future Retail Ltd. will hold talks to resolve a dispute over the sale of the latter’s assets to Reliance Industries Ltd., a move that could end a bitter litigation that delayed payments to bondholders and deepened losses for Future’s former-billionaire founder.

During a Supreme Court hearing Thursday, Future’s lawyers agreed to a suggestion from Amazon’s lawyer to explore an out-of-court resolution. Reliance will be included in the talks.