UK Advances $51B Rail Plan Despite Lingering Lawsuit

Law360, New York (March 15, 2013, 5:19 PM EDT) -- The British government will continue building a new high-speed railway from London to Birmingham, Manchester and Leeds after a High Court judge on Friday tossed several challenges to the project that questioned the government's environmental assessment but left intact a claim over the plan to compensate those affected by the project.

Justice Duncan Ouseley ruled that the government had not erred in ruling out the option of upgrading an existing railway network as an alternative to the £32.7 billion ($49.3 billion) project known as High Speed...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.