N Brown saddled with £49.5m bill as legal dispute closed

Clothing retailer N Brown Group Plc has agreed to pay Allianz Insurance Plc £49.5 million to end their long-term legal dispute. Allianz originally issued the claim – which eventually reached more than £70m – against JD Williams & Company Limited, a subsidiary of Manchester-headquartered N Brown, in January 2020. The dispute related to significant amounts … Continue reading N Brown saddled with £49.5m bill as legal dispute closed