Brief: Tanfield Group To Settle Claim Against Ward Hadaway On UK Proceedings

Tanfield

18/10/2022 10:51

Oct 18 (Reuters) - Tanfield Group PLC  TAN.L :
    * TANFIELD GROUP PLC  - SNORKEL INVESTMENT & LEGAL
PROCEEDING
UPDATE
    * TANFIELD GROUP PLC - AGREED TO SETTLE CLAIM AGAINST WARD
HADAWAY
ON UK PROCEEDINGS ON A NO-FAULT BASIS FOR SUM OF £2.9M INCLUDING
INTEREST AND COSTS
    * TANFIELD - WILL NOW FOCUS ENTIRELY ON US PROCEEDINGS,
WHICH ARE
CONTINUING AND JURY TRIAL IS CURRENTLY EXPECTED TO TAKE PLACE
AROUND SUMMER OF 2023.

Source text for Eikon:  ID:nRSR2714Da 
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