Brief: Tanfield Agrees To Settle Claim Against Foulston Siefkin, Second Defendant, Re UK Proceedings

Tanfield

14/10/2022 13:29

Oct 14 (Reuters) - Tanfield Group PLC  TAN.L :
    * TANFIELD GROUP PLC  - SNORKEL INVESTMENT & LEGAL
PROCEEDING
UPDATE
    * TANFIELD GROUP PLC - US PROCEEDINGS ARE ALSO CONTINUING,
WITH
JURY TRIAL CURRENTLY EXPECTED TO TAKE PLACE AROUND SUMMER OF
2023
    * TANFIELD: AGREED TO SETTLE CLAIM AGAINST FOULSTON SIEFKIN,
SECOND DEFENDANT, IN RELATION TO UK PROCEEDINGS ON NO-FAULT
BASIS FOR SUM OF $4.5 MILLION

Source text for Eikon:  ID:nRSN9849Ca 
Further company coverage:  TAN.L 
 ((Reuters.Briefs@thomsonreuters.com;))