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Private prosecutions – A route to justice for the charity sector
Sophie Tang
Professional negligence claims against accountants are on the rise, as for other professionals, partly owing to the recent growth of litigation funding options for potential claimants. We can expect such claims to increase yet further during a recessionary environment with administrators looking to clawback some value for distressed estates and assets.
On 22 March 2024, the judgment in Bratt v Jones was handed down in the Chancery Division. The judgment provides helpful clarity on the approach to determining liability in valuer negligence cases.
ExxonMobil Corporation (“Exxon”), one of the world’s largest oil companies, filed a lawsuit in the US earlier this year in an attempt to prevent a shareholder climate resolution calling on the company to accelerate the pace of reductions in greenhouse gas emissions.
I was fined for inaccurate tax accounts, but it wasn’t my fault.
Appointing an independent administrator is often a good option when considering the administration of an estate; importantly, it should allow all beneficiaries to feel confident that the estate has been dealt with neutrally and in a professional manner.
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