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Balfour Beatty Fights Fund s £4.3M Fire Safety Spat
Law360, London (April 21, 2021, 2:39 PM BST) Construction giant Balfour Beatty has hit back against a £4.3 million ($6 million) lawsuit filed by an investment fund over alleged fire defects in a block of flats, saying the building s owner decided to turn it into hotel-like accommodation at a late stage.
Balfour Beatty Group Ltd. said in a defense filed at the High Court on Mar. 31, and now made public, that it does not owe the millions of pounds that Grosvenor Liverpool Fund an investment fund that it contracted with to build an apartment block is trying to claim.