When a good relationship turns sour there’s no telling where it could end up. Did Nigella Lawson think details of her alleged cocaine habit would end up headline news after her ex-husband apparently spilled the beans?
Eversheds’ relationship with Newcastle International Airport (NIA) also turned sour when the airport held it responsible for landing it with an £8.5m bonus bill for two former executives. Not so, held the High Court, ordering the airport to cough up £500,000 in costs for the case.
The Court of Appeal today partially reversed the ruling, finding that Eversheds did owe a duty of care to NIA, but in this case, it added, there was no major loss for which the firm could be held accountable.
The outcome? Eversheds must pay a whopping £2 in damages to the airport.
Also on TheLawyer.com:
- Linklaters’ top earning partner took home £2.3m last year– £300,000 less than the previous year, according to the firm’s annual LLP accounts
- The Co-operative Bank has named Brona McKeown as its new general counsel and company secretary, a month after announcing the split of its legal function
- Profits due to the highest-paid partner at Dundas & Wilson fell last year by 39 per cent, the firm’s LLP accounts have revealed.