Issue - meetings

Carillion Legacy Programme - Negotiation Activity

Meeting: 08/05/2019 - Audit & Governance Committee (Item 42)

42 Carillion Legacy Programme - Negotiation Activity

15.55

 

Report by the Director of Community Operations.

 

The information contained in the report is exempt in that it falls within the following prescribed categories:

 

3.         Information relating to the financial or business affairs of any particular person (including the authority holding that information);

5.         Information in respect of which a claim to legal professional privilege could be maintained in legal proceedings.

 

and since it is considered that, in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information, in that the disclosure could affect the negotiations with the liquidators of Carillion.

 

This report provides a requested update on the negotiation with the Liquidators for Carillion, over their claim against OCC, our counter claim, and related matters.

 

The Committee is RECOMMENDED to note the contents of the report.

Decision:

Recommendation agreed.

 

Minutes:

The Committee considered a report from the Director of Community Operations on the main issues arising from the negotiation activity on the Carillion Legacy Programme.

 

The public was excluded during this item because its discussion in public was likely to lead to the disclosure to members of the public present of information in the following prescribed categories:

 

3.         Information relating to the financial or business affairs of any particular person (including the authority holding that information);

5.         Information in respect of which a claim to legal professional privilege could be maintained in legal proceedings.

 

and since it was considered that, in all the circumstances of the case, the public interest in maintaining the exemption outweighed the public interest in disclosing the information, in that the disclosure could affect the negotiations with the liquidators of Carillion.

. 

RESOLVED: to note the content of the report.