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Defeat for Railtrack shareholders

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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-05 09:55 AM
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Defeat for Railtrack shareholders

Railtrack shareholders have lost their High Court case for £157m in compensation from the government.

They failed to persuade a judge that former Transport Secretary Stephen Byers acted maliciously and actively sought the firm's collapse.

Both Mr Byers and the government had always denied any wrongdoing.

Railtrack went into administration in October 2001 after the government withdrew funding in the aftermath of the fatal Hatfield crash in 2000.
http://news.bbc.co.uk/1/hi/business/4340794.stm
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non sociopath skin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-05 01:36 PM
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1. Good.
The Skin
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