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Court Case Judgment, Contingent Liabilities

10th Dec 2010 12:45

RNS Number : 7578X
Clarkson PLC
10 December 2010
 



10 December 2010

 

 

CLARKSON PLC

("Clarksons")

 

Court case judgment regarding contingent liabilities

 

 

Clarksons, the world's leading integrated shipping services group, announces that the claims brought by various parties against Clarksons totalling US$20.7m, as detailed in note 11 "Contingencies" within the 2010 interim financial statements, have today been rejected by the High Court in London.

 

Clarksons therefore no longer has these contingent liabilities. The cases remain subject to appeal.

 

 

Enquiries:

 

Clarkson PLC

020 7334 0000

Andi Case, Chief Executive

Jeff Woyda, Finance Director

Hudson Sandler

020 7796 4133

Charlie Jack

This information is provided by RNS
The company news service from the London Stock Exchange
 
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