Settlement reached over London Stadium deal.
The LLDC is the mayor of London's agency responsible for regenerating the Olympic site in Stratford.
It launched its action in the High Court, alongside its co-owners and commercial arm E20, but has confirmed the sides have now settled. A statement issued by both the LLDC and Allen & Overy 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."
It cost more than £300m to convert the stadium, which hosted athletics during the 2012 Games, into a venue which could accommodate top-flight football. Significant costs are involved in installing temporary seating closer to the pitch for football, but removing it to allow athletics and music events in the summer.
Belgique Dernières Nouvelles, Belgique Actualités
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