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.

From small pre-action claims to multi-million pound litigated disputes, we defend a range of claims against accountants and their professional indemnity insurers. These often involve different issues including audit, tax advice, trusts, book-keeping and valuation errors, insolvency and M&A work as well as regulatory and disciplinary actions.

We also advise and represent insurers in relation to policy coverage issues and provide risk-management guidance and training to both insurers and accountancy practitioners. 

Our lawyers

Our UK-wide footprint and our network of international leading full service law firms enable us to obtain advice and representation for our clients across virtually all jurisdictions. 

Our experience

We have extensive experience in acting for a wide range of practices from top 10 and regional firms to sole practitioners. We handle negligence claims arising from a range of accountants’ services including:

  • Audit
  • Negligent tax advice / tax avoidance schemes
  • FRC fines and regulatory issues
  • Corporate transactions
  • General accountancy issues such as the late filing of or inaccurate returns
  • Insolvency & Trustees
  • We also defence regulatory investigations including by both ACCA and ICAEW.

Our national team is widely experienced, approachable, commercial and robust. We recognise the impact claims have on firms both reputational and financial and providing an outstanding client service is at the heart of what we do.

Being part of a full service law firm provides our lawyers and clients with an impressive array of in-house specialists including corporate, insolvency, private wealth, probate, tax and trusts. Working together means we can promptly identify and resolve issues without external counsel. Where necessary, and especially for large pieces of litigation, we can also draw on the wider 80 strong national professional indemnity team.

Our network of carefully curated international ‘Best Friends’ firms also enables us to advise and represent clients across virtually all jurisdictions with speed, commerciality and ease.

Reported cases

  • Dhillon v Siddiqui [2008] EWHC 2020 (Ch);
  • Matthew & Ors v Sedman & Ors [2017] EWHC 3527 (Ch);
  • The Building and Engineering Services Association v Armstrong Watson [2014];
  • Matthew & Others v Sedman & others [2019] EWCA Civ 475
  • Matthew & Others v Sedman & Others [2021] UKSC 19

Legal resources you may find useful

A Brief Account - our series of short articles, webinars and bitesise discussions between our accountants liability team and industry specialists in the accountants PII market.

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