Big relief - solved
Solved it by searching the forum here's Jason's solution
in the WA_Globals.php file, change line 58:
eval("\$WAGLOBAL_".$value[$x][4]."='".replaceTokens($value[$x][1],$tabs)."';");
to:
eval("\$WAGLOBAL_".$value[$x][4]."='".addslashes(replaceTokens($value[$x][1],$tabs))."';");