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Accountants

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Our international accountancy team is made up of a broad range of experts adept in advising insurers (both market and captive) and their insureds on all industry issues.

With 30 years of experience advising in the field our lawyers are able to draw upon a wealth of industry knowledge to provide clients with sound and skilled advice.

As accountancy firms expand so does our knowledge of the sector. Our international team of leading experts are able to offer clients advice on the full range of service lines that accountancy firms have to offer, across multiple jurisdictions.

We offer clients the reassurance of deep seated expertise gained from years of acting for firms of all sizes from the Big Four to high street firms.

The importance of speed when dealing with legal issues is essential. Using our knowledge of the sector we are able to work quickly and effectively with insurers and their insureds from an early stage to manage exposures and achieve cost effective solutions for all parties involved.

Our Accounts Work

  • All
  • Asia Pacific
  • Latin America
  • Middle East
  • North America
  • UK & Europe

  • Allegations of negligence in the due diligence prior to acquisition

    Acting for a firm of auditors in respect of a claim brought in France alleging negligence in the due diligence carried out for the purpose of an acquisition.

    France

    Advising a global accountancy firm on QAR 1.565 billion claim

    Advising a global accountancy firm on a claim in the Qatar courts for QAR 1.565 billion (GBP 312 million) arising from a report they prepared for the Department of Public Prosecution

    United Arab Emirates

    Advising on a HKD 1 billion audit negligence claim

    Advising on a HKD 1 billion audit negligence claim relating to an alleged failure to detect fraud being committed by the management of a group of companies previously listed on the Hong Kong Stock Exchange

    Hong Kong

    Allegations of negligent valuation of a shareholding

    Acting for a large accountancy firm in relation to the allegedly negligent valuation of a shareholding

    United Kingdom

    Claim against a major firm of international auditors

    Defending a USD 80 million negligence claim in the UAE courts brought against a major firm of international auditors, arising from the insolvency of a group of companies across the GCC

    United Arab Emirates

    Claims advice on auditing Chinese companies in the US

    Advising in respect of numerous claims made against auditors involved in auditing Chinese companies listed in the US

    United States

    Defending a big four accountancy firm in a GBP 90 million claim

    Defending a big four accountancy firm in a claim brought by an individual and a Luxembourg company concerning tax advice on a GBP 90 million investment. The Court of Appeal upheld the dismissal on limitation grounds by the High Court of the bulk of the claim, in a decision relating to the date of accrual of a cause of action in tort in circumstances where the loss might be characterised as merely contingent (Pegasus Management Holdings SCA and another v Ernst & Young (a firm) and another...

    United Kingdom

    Defending a GBP 30 million multi-party claim

    Acting for a large practice in the defence of a GBP 30 million claim by 73 investors in a film finance scheme

    United Kingdom

    Liabilities from Chinese Reverse mergers

    Advising on potential liabilities arising from Chinese Reverse mergers both in the USA and Canada

    Hong Kong

    Liquidators allegations of accounting irregularities

    Advising on a multi-million dollar claim against a Hong Kong accountancy firm by the Liquidators of a family textile company, alleging a failure to detect accounting irregularities in relation to its PRC subsidiary

    Hong Kong

  • US Securities and Exchange Commission investigations and complaints

    Acting for a Big Four practice in Australia in respect of US Securities and Exchange Commission investigations and complaints regarding negligent and improper accounting practices, and advice on inter-firm related captive coverage

    Australia

    Liquidators allegations of accounting irregularities

    Advising on a multi-million dollar claim against a Hong Kong accountancy firm by the Liquidators of a family textile company, alleging a failure to detect accounting irregularities in relation to its PRC subsidiary

    Hong Kong

    Advising on a HKD 1 billion audit negligence claim

    Advising on a HKD 1 billion audit negligence claim relating to an alleged failure to detect fraud being committed by the management of a group of companies previously listed on the Hong Kong Stock Exchange

    Hong Kong

    Liabilities from Chinese Reverse mergers

    Advising on potential liabilities arising from Chinese Reverse mergers both in the USA and Canada

    Hong Kong

    Substantial claim against alleged negligent tax advice

    Defending a Hong Kong firm of accountants against a substantial claim relating to allegedly negligent tax advice

    Hong Kong

  • Negligence claim from allegations of an undervalued sale of a mining company's assets

    Defending a negligence claim against the administrators of an English incorporated mining exploration company in Peru involving allegations that they caused the company’s main assets to be sold to a connected party at an undervalue

    Peru

  • Advising a global accountancy firm on QAR 1.565 billion claim

    Advising a global accountancy firm on a claim in the Qatar courts for QAR 1.565 billion (GBP 312 million) arising from a report they prepared for the Department of Public Prosecution

    United Arab Emirates

    Shareholder claim for AED 500 million against one of the Big Four

    Defending one of the Big Four against a shareholder claim for AED 500 million (GBP 84 million) which arose from its role as auditor and financial adviser in the UAE and Bahrain

    United Arab Emirates

    Claim against a major firm of international auditors

    Defending a USD 80 million negligence claim in the UAE courts brought against a major firm of international auditors, arising from the insolvency of a group of companies across the GCC

    United Arab Emirates

  • Obtaining a short notice discontinuance

    Successfully representing an accounting firm by obtaining a discontinuance of Claimant’s CAD 1.8 million action two weeks prior to trial

    Canada

    Settling a CAD 130 million class action

    Acting for an accountants practice in successfully settling a CAD 130 million class action brought by investors in Canada

    Canada

    Claims advice on auditing Chinese companies in the US

    Advising in respect of numerous claims made against auditors involved in auditing Chinese companies listed in the US

    United States

  • Allegations of negligence in the due diligence prior to acquisition

    Acting for a firm of auditors in respect of a claim brought in France alleging negligence in the due diligence carried out for the purpose of an acquisition.

    France

    Setting up Spanish PI insurance

    Advising on setting up Spanish PI insurance for a Big Four accountancy firm, to ensure compliance with Spanish regulatory requirements

    Spain

    Shareholder allegations against one of the Big Four

    Defending one of the Big Four against a shareholder claim for AED 500 million (GBP 84 million) which arose from its role as auditor and financial adviser in the UAE and Bahrain

    Spain

    Allegations of negligent valuation of a shareholding

    Acting for a large accountancy firm in relation to the allegedly negligent valuation of a shareholding

    United Kingdom

    Defending a big four accountancy firm in a GBP 90 million claim

    Defending a big four accountancy firm in a claim brought by an individual and a Luxembourg company concerning tax advice on a GBP 90 million investment. The Court of Appeal upheld the dismissal on limitation grounds by the High Court of the bulk of the claim, in a decision relating to the date of accrual of a cause of action in tort in circumstances where the loss might be characterised as merely contingent (Pegasus Management Holdings SCA and another v Ernst & Young (a firm) and another...

    United Kingdom

    Defending a GBP 30 million multi-party claim

    Acting for a large practice in the defence of a GBP 30 million claim by 73 investors in a film finance scheme

    United Kingdom

    Striking out a GBP 100 million claim on "ex turpi causa"

    Acting on behalf of an accountancy firm in a GBP 100 million plus audit negligence claim, and, in a groundbreaking decision, successfully persuading the House of Lords to strike out the claim on “ex turpi causa”, or illegality, grounds. This case was also the highest profile example of the increasing wave of litigation funding of UK claims, in response to which we have developed a number of tactics that seek to redress the balance in favour of defendants (Stone & Rolls v Moore Stephens...

    United Kingdom

Our Accountants team

James Roberts
James Roberts

Partner

Tim Crockford
Tim Crockford

Partner

James Preece
James Preece

Partner

Jim Taylor
Jim Taylor

Partner

Andrew Forsyth
Andrew Forsyth

Of Counsel

David Méheut
David Méheut

Partner

Dr. Henning Schaloske
Dr. Henning Schaloske

Partner

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