Newcastle International Airport has confirmed that it will appeal against a High Court ruling clearing Eversheds of negligence over a refinancing deal which saw two airport chiefs secure multimillion-pound bonuses. Former airport chief executive John Parkin and now-deceased finance director Lars Friis each received large payouts after Eversheds advised the pair on a £377m refinancing deal for the airport.
November 06, 2012 at 10:19 AM
1 minute read
The original version of this story was published on Legalweek
Newcastle International Airport has confirmed that it will appeal against a High Court ruling clearing Eversheds of negligence over a refinancing deal which saw two airport chiefs secure multimillion-pound bonuses.
Former airport chief executive John Parkin and now-deceased finance director Lars Friis each received large payouts after Eversheds advised the pair on a £377m refinancing deal for the airport.
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