professional indemnity and lawyers' liability

Acted in relation to a £253m D&O/professional negligence claim against non-executive directors of an investment company which collapsed in 2010 leaving liabilities to creditors and investors in excess of £300m.

Advising on a £17m claim against a firm of actuaries arising from the defective amendment of the benefit rules of the occupational pension scheme of a FTSE250 listed company. A claim has also been made against a top 25 firm of solicitors who acted in relation to the transaction.

Defending a firm of accountants in relation to a potential claim arising from the tax compliance of a UK based investment fund, caused by a change to its accounting policies in the US leading to a failure to disclosure £10m of relevant income.

Acting on behalf of a finance broker which faced a multi-million pound claim for losses incurred by a property developer arising out of a development alleged to have failed due to negligent advice in relation to the structure and terms of a bridging loan facility brokered by the insured.

Acted on behalf of a professional indemnity insurer in relation to claims advanced by the Financial Services Compensation Scheme under the Third Parties Rights Against Insurers Act 1930 following the insolvency of an IFA network.