NEWCASTLE - 8
NIAL v Eversheds
The Professional Indemnity case which the airport is bringing against Eversheds is set to be heard in the High Court next April.
c/o The Lawyer
This will be watched with interest.
Eversheds has instructed Clyde & Co partner Sarah Clover to defend it in the High Court over a profession negligence claim brought by former client Newcastle International Airport.
The airport, which has instructed Ward Hadaway partner Tim Toomey, claims that Eversheds was in breach of its duty when it accepted an instruction from two former executive directors relating to draft contracts of employment. It is alleged that the contracts provided for an entitlement of multimillion-pound bonuses as a result of a refinancing to the directors.
It is claimed that the instruction was unauthorised and as a result of the firm’s acceptance of the mandates the airport suffered a loss when it executed the contracts without realising what they contained.
Eversheds is arguing that the executive directors had the authority to instruct the firm and the airport caused its own loss by failing to read the contracts before putting them into effect.
The case, which has been set down for 15 days in April 2012, will pitch 4 New Square’s Nicholas Davidson QC for the airport against Ben Patten QC of the same set, who has been drafted in by Eversheds.
In a statement the firm said: “Eversheds acted fully in accordance with instructions in all matters pertaining to its work for Newcastle International Airport. It would be wholly inappropriate for the firm to comment further on this case while legal proceedings are ongoing.
The airport, which has instructed Ward Hadaway partner Tim Toomey, claims that Eversheds was in breach of its duty when it accepted an instruction from two former executive directors relating to draft contracts of employment. It is alleged that the contracts provided for an entitlement of multimillion-pound bonuses as a result of a refinancing to the directors.
It is claimed that the instruction was unauthorised and as a result of the firm’s acceptance of the mandates the airport suffered a loss when it executed the contracts without realising what they contained.
Eversheds is arguing that the executive directors had the authority to instruct the firm and the airport caused its own loss by failing to read the contracts before putting them into effect.
The case, which has been set down for 15 days in April 2012, will pitch 4 New Square’s Nicholas Davidson QC for the airport against Ben Patten QC of the same set, who has been drafted in by Eversheds.
In a statement the firm said: “Eversheds acted fully in accordance with instructions in all matters pertaining to its work for Newcastle International Airport. It would be wholly inappropriate for the firm to comment further on this case while legal proceedings are ongoing.
This will be watched with interest.
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CentreFix - You're an absolute clown. I have tried that and hence am asking for peoples' latest understanding rather than April news.
On your twisted logic, no one would ever ask a question on pprune again, and just use google!
On your twisted logic, no one would ever ask a question on pprune again, and just use google!
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I have tried that
I'm not a psychic either
the rumour of the aiport being sold?
Jet2 Expansion?
from Northern Echo - Jet 2 announcing
"A series of significant investments in Newcastle Airport, including major 2012 expansion and job creation plans further demonstrating its commitment to the North East."
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I am pleased for NCL that Jet2 continues to invest in further route development, certainly in the current climate such news is extremely positive. For my part then I feel it is relevant to note that the age of these 737.300's that are being allocated to these routes are now well over 20 years with many similar age machines now w.f.u.
Mind you this is not a pop at Jet2 as most of the 757's of TUI & TCX are also of a similar age.
For how many more years is this situation sustainable ?
I'd have felt that little more comfortable if EZY showed a similar attitude
Mind you this is not a pop at Jet2 as most of the 757's of TUI & TCX are also of a similar age.
For how many more years is this situation sustainable ?
I'd have felt that little more comfortable if EZY showed a similar attitude
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Jet2/Easy and others
Great news about jet2 and the 6th based aircraft.
i did say along with another guy that we would get a 6th based aircraft for next summer just now need the long awaited route ait for it NEW YORK!! im only joking guys i know it wont happen....
The future at newcastle is defo RED and not orange....
I think that as soon as the current easyjet contract ends we wont see much of easyjet at ncl. i think they will close the base maybe still operate BRS,BFS using there own base aircraft.
Flybe doesnt seem to be keeping to there words with routes to germany and sweden, denmark etc...
TCX is rumoured to be talking to MON about basing an aircraft to replace AEU so maybe thats where the rumours are coming from as per MON base.
What else we got to look forward to?
Have heard that IWD will be operating to PMI in the summer but cant find any flights with them.. they have changed name too.
looking forward to summer 2013 easyjet gone and jet2 with 8 aircraft!!!
double daily to pmi and alc in high season plus madrid, lisbon....
i did say along with another guy that we would get a 6th based aircraft for next summer just now need the long awaited route ait for it NEW YORK!! im only joking guys i know it wont happen....
The future at newcastle is defo RED and not orange....
I think that as soon as the current easyjet contract ends we wont see much of easyjet at ncl. i think they will close the base maybe still operate BRS,BFS using there own base aircraft.
Flybe doesnt seem to be keeping to there words with routes to germany and sweden, denmark etc...
TCX is rumoured to be talking to MON about basing an aircraft to replace AEU so maybe thats where the rumours are coming from as per MON base.
What else we got to look forward to?
Have heard that IWD will be operating to PMI in the summer but cant find any flights with them.. they have changed name too.
looking forward to summer 2013 easyjet gone and jet2 with 8 aircraft!!!
double daily to pmi and alc in high season plus madrid, lisbon....
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Monarch to SFB summer 2012
heres the flight details for MON to SFB... thanks to delta154 for the info
Tue 29 May 2012
dep 08:40 Newcastle (NCL)
arr 13:05 Florida (Sanford) (SFB)
Monarch Airlines MON309
Tue 12 June 2012
dep 15:05 Florida (Sanford) (SFB)
arr 04:15 Newcastle (NCL) (wednesday)
Monarch Airlines MON308
Tue 29 May 2012
dep 08:40 Newcastle (NCL)
arr 13:05 Florida (Sanford) (SFB)
Monarch Airlines MON309
Tue 12 June 2012
dep 15:05 Florida (Sanford) (SFB)
arr 04:15 Newcastle (NCL) (wednesday)
Monarch Airlines MON308