1.22 Based on advice from Rothschild and Freshfields, the Prison Service formed the view that it was justified in seeking a share of the refinancing benefits from FPSL as compensation for accepting increased termination liabilities. Rothschild advised the Prison Service that £5.5 million of the refinancing benefits that FPSL expected to receive, depended on the Prison Service agreeing to accept these additional liabilities. The Prison Service took this into account in negotiating a level of compensation consistent with its estimate of the extra financial risk it was being asked to accept (Figure 4).