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TML defends pounds 1bn Eurotunnel claim

Friday 22 September 1995 19:02 EDT
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TML defends pounds 1bn Eurotunnel claim

TML, the consortium that built the Channel tunnel, is planning a "robust" defence against this week's pounds 1bn claim for damages by Eurotunnel. A TML statement could be released on Monday, in which a lengthy rebuttal to the charges is planned. TML is little short of a shell company these days, and the contractors have had no chance to meet and plan a response. Eurotunnel, whose shares fell 11p to 98p yesterday, blames TML for delays and faulty equipment.

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