Court Case Judgment, Continge

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

 

END

 

 

MSCLBLFFBLFZFBX