“Privacy watchdog the Information Commissioner’s Office (ICO) has said that it will not use new powers to fine organisations for data protection law breaches if those breaches are discovered as part of one of its audits.”
OUT-LAW.com, 12th February 2010
Source: www.out-law.com
“The Public Accounts Committee has today lambasted the Legal Services Commission for its handling of legal aid funds.”
Law Society’s Gazette, 2nd February 2010
Source: www.lawgazette.co.uk
Stone & Rolls Ltd (in liquidation) v Moore Stephens (a firm) [2009] UKHL 39; [2009] WLR (D) 277
“A company, which was in the exclusive control of its sole director and shareholder so as to be primarily liable for frauds committed against third parties, could not bring an action for damages against its auditors on the basis that they had failed to detect ‘the very thing’, namely its fraudulent activities, they were engaged to prevent since any such claim would be based on the company’s own illegal conduct and was accordingly debarred by the principle of ex turpi causa non oritur actio.”
WLR Daily, 31st July 2009
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
“Leading accountants will meet the Government this week to plead for protection as they prepare for a surge in litigation from investors trying to recover their losses from big company failures.”
The Times, 27th April 2009
Source: www.timesonline.co.uk
“The auditors of the collapsed tour operator XL Leisure are to be investigated by the profession’s disciplinary watchdog after a request from Britain’s largest accountancy institute.”
The Guardian, 16th October 2008
Source: www.guardian.co.uk
© Inner Temple Library 2024