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 |
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