Contractor says it could have resolved problems 鈥測ears ago鈥� instead of ending up in court
Laing O鈥橰ourke has written to clients telling them that one of its dormant companies has been put into liquidation.
Chief executive Cathal O鈥橰ourke sent the letter nearly three weeks ago saying Laing O鈥橰ouke Construction South was about to be shut. Companies House records show the firm went into liquidation on 28 February.
In his letter, dated 21 February, O鈥橰ourke writes: 鈥淟aing O鈥橰ourke Construction South was recently the subject of a legal claim relating to a historic development and, despite our best efforts to reach an amicable solution on this matter, our counterparty did not engage fully with us in order to reach an agreement.鈥�
He added: 鈥淲e routinely shut legacy subsidiary companies and have undertaken similar actions at 14 subsidiaries since 2022 in order to simplify our corporate structure.鈥�
The job at the centre of the dispute is the One Hyde Park luxury flats