Challenging the ‘billion-dollar quartet’

Paul Brehony and Kate Gee of Signature Litigation LLP summarise recent auditor negligence claims in the UK and predict that audit reform and increasing regulatory scrutiny, coupled with the rise of group litigation in the UK and the increasing availability of litigation funding, will increase the likelihood of claims being brought in the civil courts against auditors and accounting firms. Read more.

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Defence crowdfunding ‘exacerbated’ libel damage

The fact that more than 1,000 people – including former Pink Floyd musician Roger Waters and film director Ken Loach – contributed to the crowdfunding of a libel defence on behalf of retired television producer Paddy French exacerbated the harm done by the original publication by attracting further attention to the defamation, a UK judge has ruled.

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