Experience/deals

• Amériques
• Asie Pacifique
• Moyen-Orient
• Royaume-Uni & Europe

• 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

  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

  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

• 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

• 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

• 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

  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...

  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...

  United Kingdom

  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 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