The recent case of Manchester Building Society v Grant Thornton 2018 is a striking example of the inability to recover certain losses from a professional adviser, even where their advice has been negligent.

Whilst a number of cases in the first six months of 2017 dealt with issues of particular interest to litigators, the recent case with perhaps the widest implications for lawyers and investigators is SFO v. ENRC.

As the government continues to grapple with a budget deficit and strained public finances, there remains considerable pressure on HMRC to crack-down not only on tax evasion, which is illegal ...

2018 was another significant year for professional liability cases. The key developments have fallen into two broad areas. The first is liability.

A recent decision by Constable J of the High Court in a negligence claim has examined the scope of a valuer's duty of care.

This was the appeal of an unsuccessful claim against Credit Suisse International, in which the claimants alleged that the Bank had failed to secure the best price reasonably obtainable...

The Court of Appeal has considered the application of the "SAAMCO principle" in deciding the scope of an auditor's liability for negligent accounting advice (Manchester Building Society v. Grant Thornton [2019] EWCA Civ 40).

Following its decision last year in Manchester Building Society v Grant Thornton UK LLP [2019] EWCA Civ 40,the Court of Appeal has handed down another judgment analysing issues of scope...

Last month, we reported that a consultation was planned to consider whether the court rules should be updated following the Lee case.

The High Court has dismissed a lender's claim against a valuer for breach of contract and/or negligence in relation to the valuation of security for a loan...

The Court of Appeal has held that, although directors committed a serious fraud by misappropriating client money over several years, the trading losses incurred by their company were not...

This month we review some interesting developments in the finance sector, including the court's view on the existence of an 'intermediate' duty of care on lenders, the need to get the basics...

Last month, in 644036 Alberta Ltd. v. Kay McVey Smith & Carlstrom LLP, 2018 ABCA 236 ("C.A. reasons"), the Court of Appeal of Alberta seemed to offer conflicting guidance...

Following fierce public and Parliamentary criticism of the Financial Reporting Council for its handling of investigations into audit firms, in particular following the financial crisis...