Freshfields and Herbert Smith settle £142m London Underground claim

legalweek

Freshfields Bruckhaus Deringer and Herbert Smith Freehills have settled a £142m claim from London Underground (LUL) relating to advice the firms gave the company in 2002.
The original claim was issued by LUL in the High Court in January 2011 and relates to the company’s public-private partnership (PPP) with collapsed transport company Metronet.