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Tim Crockford

Partner

People

Tim Crockford

Tim Crockford

Partner

Full Profile

Tim works on a wide range of contractual and tortious disputes (often with an international element). He has particular experience acting for the major accountancy firms on disputes across their services lines including assurance, tax and consulting disputes. Tim has considerable experience advising audit firms and partners in relation to regulatory investigations by the Financial Reporting Council (FRC) and Institute for Chartered Accountants in England and Wales (ICAEW) as well as assisting firms with requests by other regulators. He has acted on some of the largest FRC investigations of recent years (often following major corporate collapses and/or resulting from the detection of fraud) and understands well the reputational issues which can arise.

In addition, Tim also maintains general commercial litigation and art and cultural property practices. He has acted for one of the major auction houses for a number of years and has experience of high value negligence claims; title disputes; and attribution claims. He often works on such disputes with colleagues in New York, Paris, Dubai and Hong Kong and is a member of the Professional Advisors to the International Art Market (PAIAM).

Tim's clients value his ownership mentality together with his ability to share the weight of their issues with them, address them appropriately and then identifying solutions and outlining a clear roadmap to achieving the desired outcome. Tim is used to putting himself in his clients' shoes - having gained important commercial experience as an in-house lawyer on two successful secondments to major international corporates helping him to understand the realities of commercial business pressures and priorities.

Experience

Assisting and advising a number of major accountancy firms in relation to regulatory investigations brought by Financial Reporting Council often arising out of corporate collapses and/or detection of fraud.  

Acting for one of the Big Four accountancy firms on the defence of a large multi-million pound audit negligence claim arising out of the Icelandic banking collapse.

Acting for a leading professional services firm and successfully obtaining summary dismissal of a large multi-million pound claim against IPs and later defeating an appeal in a two day Court of Appeal hearing.

Successfully defending at trial one of the world's pre-eminent auction houses in relation to allegations of professional negligence and breach of contract.

Advising a large international accounting network in relation to the exit of a member firm.

Advising in relation to a multi-million pound professional negligence claim by a large pension fund against its former actuaries.

Acting on a £300million professional negligence claim brought by Philips Electronics' Pension Fund against its former investment advisor and manager in the Chancery Division.

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Expertise

Tim helps clients to manage risk and resolve disputes. He provides clear, no nonsense commercial advice on risk management, helping clients to avoid liabilities and disputes arising in the first place and, if they do arise, advising on the most cost-effective method of concluding them.

Offices & Regions covered