Accountants, auditors and insolvency practitioners We defend and resolve claims against accountants, auditors and insolvency practitioners on behalf of firms and their professional indemnity insurers. View page
6 June 2023 Insight A Brief Account – a synopsis of our annual round up In our recent webinar, David Gooding, Lisa Taylor and Liam Burnett discussed a range of issues facing accountants and their insurers including claims against auditors and insolvency practitioners as well as coverage and regulatory themes. If you missed it, we set out a quick read of the main highlights below. Bookmark this page 5 min read
11 May 2023 Insight The Current Regulatory Landscape for Accountants Our recent webinar, hosted by Andrea Stanford, Principal Associate at Mills & Reeve, and Tim Grey, regulatory barrister at 23 Essex Street Chambers , looks at the regulatory landscape facing accountants (namely the ICAEW and the ACCA), and considers key points which are arising from regulatory investigations. Bookmark this page 3 min read
12 July 2021 Insight Redefining SAAMCO The decision in the Supreme Court of MBS v Grant Thornton is a long awaited ruling and interest to professional indemnity lawyers and especially those dealing with claims against accountants. We now have some clarity around assessing whether a particular loss falls within a professional’s scope of duty. In this article we comment on the previous decisions concluding with the Supreme Court and consider and comment on the impact of the judgment for accountants and their insurers. Bookmark this page 8 min read
20 May 2021 Insight Professional negligence: On the stroke of midnight the limitation clock started ticking Where a cause of action commences on the stroke of midnight – exactly at the start of a new day – does the limitation clock start ticking on that day or the following one? Bookmark this page 4 min read
9 November 2020 News Mills & Reeve in The Times’ Best Law Firms 2021 Mills & Reeve has featured again in The Times’ annual guide to the best law firms in England and Wales. Bookmark this page 1 min read
29 March 2019 Insight AssetCo Plc v Grant Thornton UK LLP – a masterclass judgment in the scope of duty of auditors Bryan J’s recent decision is a must read authority dealing with several headlines in relation to causation and loss which will be of interest to auditors and claims practitioners alike. We comment briefly upon the headlines. Bookmark this page 6 min read
31 July 2018 Insight Claims against insolvency practitioners – should we expect more? The Insolvency Service statistics for Q1 of 2018 have confirmed that the number of company insolvencies have increased to the highest quarterly level since 2014. Does this increase in insolvencies together with the recent decision of Davey v Money mean that insurers should be wary of a raft of claims against IPs in the near future? Bookmark this page 5 min read
21 July 2016 Insight Insurance Act 2015 changes to ICAEW Minimum Terms We consider the key changes being introduced by the Insurance Act 2015 and the crucial areas for adjusters to have in mind when handling accountants’ claims. Bookmark this page 3 min read