WASHINGTON - A U.S. District Court judge yesterday pressed KBC Bank NV of Belgium to accept a settlement to unwind a leaseback arrangement with the Washington Metropolitan Area Transit Authority in exchange for a $17 million payment from a trust account kept by the transit agency for lease payments on the deal.

Judge Rosemary M. Collyer began the negotiations with attorneys from both sides late yesterday after hearing arguments at an injunction hearing, but the court was not expected to reconvene until this morning to formally announce if an agreement has been reached.

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