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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
  • Sector
    Professional Services
  • Service
    Fraudulent Misrepresentation

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Tenet Compliance & Litigation Limited
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Tenet Compliance & Litigation Limited. Registered Office, Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP. Registered in England and Wales. Registered No: 09776405. Authorised and regulated by the Solicitors Regulation Authority. SRA Identification No. 626562.

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