Lawsuit brought by Olympic stadium owner over advice on West Ham concession agreement settled

A professional negligence suit brought by the London Legacy Development Corporation (LLDC) and E20 Stadium against a City law firm - over the drafting of a concession agreement entered into with Premier League club West Ham for the stadium used in the London Olympics - has been settled.

In a joint statement the parties said: “E20 Stadium LLP, London Legacy Development Corporation and Allen & Overy LLP have reached a resolution of the litigation between the parties concerning the March 2013 WHU Concession Agreement.

“The terms of the settlement are confidential.”

The 99-year agreement was signed in 2013 and allowed the club to use the stadium from 2016/17 onwards.

LLDC owns the stadium, while E20 Stadium is the body set up to manage it.