10 Dec 2010 12:45
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10 December 2010
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CLARKSON PLC
("Clarksons")
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Court case judgment regarding contingent liabilities
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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.
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Clarksons therefore no longer has these contingent liabilities. The cases remain subject to appeal.
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Enquiries:
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Clarkson PLC | 020 7334 0000 |
Andi Case, Chief Executive | |
Jeff Woyda, Finance Director | |
Hudson Sandler | 020 7796 4133 |
Charlie Jack |
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