Litigation Privilege Does Not Apply to Accountant’s Stories

The Large Court has resolved that a collection of reports well prepared by the accountants Deloitte LLP (“Deloitte”) for Athletics Immediate Global PLC (“Athletics Immediate”) (now identified as Frasers Group Ltd) in relation to a proposed tax construction were being not geared up for the sole or dominant function of litigation, and were being consequently not protected from disclosure by litigation privilege.

Background

This most recent judgment is part of a series, which arose out of an application by the Monetary Reporting Council (“FRC”) for an buy requiring Athletics Direct to provide them with

Read more