Arthur J. Gallagher halts legal action

Official Statement from Arthur J. Gallagher:

“The parties can confirm that the High Court proceedings initiated in March 2015 by Arthur J. Gallagher in respect of David Ross and others have been settled. In exchange for a payment to Gallagher of £10 million due August 2015 and £10 million due April 2016, all legal action relating to this matter will cease.  As part of the settlement, Gallagher has agreed to the early release of David Ross, effective 1 November 2015, and Adrian Brown and Sarah Dalgarno, effective 2 September 2015. The parties will not be providing further details on these matters.”