Regulator hits KPMG and partner with near £2m in sanctions over M&C Saatchi scandal March 4, 2024 The accountancy regulator has fined KPMG and a partner over its audit of advertising agency M&C Saatchi. Back in 2019, the Big Four firm resigned as the ad giant’s auditor amid an accounting scandal which saw the company set aside £6.4m after it had spotted an error in its accounts. The business had also overstated [...]
Ministry of Justice set to introduce new law on litigation funding March 4, 2024 The Lord Chancellor and Justice Secretary Alex Chalk is set to introduce a new law to make it easier for the public to secure financial backing when launching claims against big businesses. The Ministry of Justice (MoJ) unveiled its plans on Monday that a new law will be introduced to address the issue of litigation [...]
A&O Shearman elects leadership team effective in May once merger completes March 1, 2024 Magic Circle firm Allen & Overy (A&O) has elected its senior partner and managing partner that will take over post-merger of A&O Shearman
Court told that Matt Hancock’s tweet did not name Andrew Bridgen in ongoing libel battle March 1, 2024 Andrew Bridgen’s claim of libel from a tweet issued by Matt Hancock “fails to set out” any evidence that the tweet was about him, a court was told. The expelled former Tory MP Andrew Bridgen launched legal action against the ex-health minister and current independent MP, Matt Hancock last year. Bridgen had the whip removed [...]
Court rules that Gove’s decision on Marks and Spencer planning permission was ‘unlawful’ March 1, 2024 The retail giant took the Secretary of State for levelling up, Michael Gove MP, to court over his decision to refuse planning permission for the construction of its flagship building on Oxford Street.
MPs in legal row today: Matt Hancock seeks to strike out Andrew Bridgen’s libel claim March 1, 2024 The expelled former Tory MP Andrew Bridgen is set to face off the ex-health minister Matt Hancock MP at the High Court today over his libel claim. The legal battle between two independent MPs that have both had the Tory whip suspended from them, started over a tweet Hancock sent on X back in January [...]
Mishcon de Reya kicks off probe for potential group shareholder claim against Drax February 29, 2024 The firm has partners Richard Leedham, Andrew Short and associate Tiffany Morgan on the investigation.
Legal Services Board shines a light on misuse of NDAs in new report February 28, 2024 Almost all individuals who wrote to the LSB about their experiences reported "suffering devastating impacts" from signing an NDA.
Former Financial Reporting Council employee ordered to pay regulator after employment case dismissed February 28, 2024 Mr R Hartigan took the FRC to the Employment Tribunal (ET) last year after he was dismissed in September 2022 because he made a single protected disclosure.
The bad apple that cost Dechert £47m February 28, 2024 Neil Gerrard used to be a hot shot lawyer in the City. But after being hit with multiple lawsuits, he is now known for very different reasons.