TITLE

Lawyers pick up £1m fees on failed Paddington Health PFI

AUTHOR(S)
O'Connor, Joanne
PUB. DATE
June 2005
SOURCE
Lawyer;6/13/2005, Vol. 19 Issue 23, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the law firms advising on the mammoth one billion pound Paddington Health Campus (PHC) PFI scheme will reap around one million pound in fees for their work on the collapsed project. For example, Berwin Leighton Paisner (BLP) was instructed to advise on the scheme. The project would have seen the creation of a state-of-the-art hospital in Paddington. In 2004, BLP notched up 735,000 pounds, with sources at the firm estimating total billings of just under one million.
ACCESSION #
17407091

 

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