The national giant is understood to have secured the money from The Church Commissioners (TCC), the previous owner of the firm’s
A
It is relatively rare for firms to secure money from property deals. Olswang sealed a £12.5m cash injection in 2002 after selling the freehold on its headquarters.
The news comes as
As reported on legalweek.com (11 June), the sides have failed to agree a settlement, setting the scene for a rare courtroom dispute between a commercial firm and its former partners.
A spokesperson said: “We have, at all times, sought to treat partners in a fair and equitable manner, consistent with the treatment of partners who remain with the firm. After a good number of months trying to reach an agreement, we now believe it is in the interests of all concerned that we bring the matter to a conclusion.”
