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Confidential settlements end £15m Acton student accommodation cladding/fire safety defects case: Athena Asset 5 v Berkeley and BDL; related claim v Lee Marley – High Court of England and Wales

Published on: 06 March 2025

Published by a Law360 reporter
Legal News
Article summary

Athena Asset 5 SÁRL

Athena Asset 5 SÁRL has reached a confidential settlement with the FTSE 100 housebuilder and BDL Group Ltd, as recorded in a High Court order dated 8 February 2025 that has recently been disclosed to the public. The deal concludes a claim concerning a catalogue of allegedly serious defects uncovered after the Grenfell Tower fire in west London in 2017, which claimed 72 lives. The settlement brings the proceedings to a close. Athena, part of the group operating as iQ Student Accommodation, stated in an October 2022 filing that it should be repaid for the works required to remedy issues at the student accommodation in Acton, west London. Berkeley and BDL were said to have failed to comply with fire safety standards during construction. High-rise apartment buildings across the UK have since become the centre of a safety crisis, following inspections in the disaster’s aftermath that revealed many blocks had been constructed using potentially hazardous materials...

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