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In this article we look at the interpretation of the improvements exclusion in the LEG 3/06 clause.Read more
AssetCo have been awarded damages in excess of £20 million for the negligence of Grant Thornton in carrying out their audits in 2009 and 2010. This important judgement provides welcome clarity around…Read more
Perry v Raleys: Supreme Court considers the constituent elements of causation and loss in professional negligence cases
Yesterday the Supreme Court ruled in the case of Perry v Raleys on the correct approach to deciding a claim for loss of a chance arising from alleged negligently conducted litigation. In this article…Read more
Increasing regulatory activity - Is there a disconnect between the civil liability of accountants in law and regulatory themes?
The end of last year saw the release of Sir John Kingman's much anticipated review of the FRC, which recommended a radical overhaul of the current system including proposals that the FRC be replaced…Read more