HSF claims victory in $1bn insurance claim against Zurich
Herbert Smith Freehills (HSF) client SBM Offshore has settled a long-running claim issued against Zurich Insurance Group, which was thought to be worth up to $1bn. The Dutch-headquartered company secured three partial settlements, finally settling for a total of £390m that includes the final $48.5m which cancelled the projected hearing date of 1 October. SBM […]