Burges Salmon, Herbert Smith, Eversheds advise as Virgin loses rail bid
Burges Salmon, Herbert Smith and Eversheds have secured leading roles on the bidding war that today resulted in Virgin Rail Group losing control of the West Coast mainline franchise to rival rail operator FirstGroup. Herbert Smith advised Virgin on its unsuccessful attempt, with energy and infrastructure partner Adrian Clough at the helm. Virgin Rail - a collaboration between Virgin Trains and Stagecoach, a longstanding Herbert Smith client - has been operating the West Coast service since 1997 and and put the cost of its bid for the contract at £14m.
Burges Salmon, Herbert Smith and Eversheds have secured leading roles on the bidding war that today resulted in Virgin Rail Group losing control of the West Coast mainline franchise to rival rail operator FirstGroup.
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