88 Carillion Legacy Programme - Negotiation Activity
4.40
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:
George Eleftheriou reported that the Council had done everything that was needed on its side. It was now up to the liquidators to respond.
Members agreed and asked for the matter to be brought back if there are any material changes.
RESOLVED: to note the contents of the report.