The case is said to have been one of the biggest ever to be brought against a
barrister, Legal Week reports.
The 75 claimants, including Terra Firma chief executive Guy Hands, notified
Justice Briggs they had reached a settlement after confidential negotiations
just before the four-week trial ended last July.
The claim, filed in the High Court in 2006, alleged Shipwright and Baker
Tilly were negligent when advising the claimants about the available tax relief
for investments in film finance schemes.
Phillip Gershuny, senior tax partner at Hogan Lovells, outlines how a European exit could affect UK taxes
London accountancy firm Blick Rothenberg warns of potential damages VAT changes could cause UK businesses
Smith & Williamson announce appointment of former EY worker John Cooney as partner, ten years after leaving the firm
Burnet is currently the head of KPMG’s Financial Services team in Scotland