A £100m claim brought against Eversheds Sutherland by Northern Rock Asset Management (NRAM) has been settled.
NRAM’s claim, which came to light in late 2016, alleged professional negligence in relation to advice the legacy Eversheds firm provided following a review of two annual statements for a ‘together loan’ – a combination of a secured mortgage and an unsecured loan at a single interest rate with one combined monthly payment.
