Case study
The one where the
sale of the business to a company that were not good for the money…
Advised a national firm of accountants in relation to allegations of misrepresentation of financial stability against a party acquiring their business. The client, having been acquired, subsequently found itself in a larger group in an insolvency position and the business ultimately failed as a result.
The individual partners of the accountancy firm sought legal redress and advice was provided as to the merits of such a claim where losses were deemed to be more than £10m. The claim was constructed and considered but asset recovery was likely to have been unlikely.
- Case Study
- SectorProfessional Services
- ServiceFraudulent Misrepresentation