The ‘gang of four’ – Rustom Kharegat, Robert Ohrenstein, Helen Pratten and John Oldcom – entered into legal dispute with the firm after quitting in November 2003.
They disputed being bound by the extent of notice period and covenants included in Deloitte’s limited liability partnership agreement in July 2003. The court upheld the partnership agreement.
John Connolly, senior partner and chief executive said: ‘We are very pleased with the outcome, which ensures that our partnership agreement is upheld. While we regret that it was necessary to settle the matter in court, it was resolved quickly and decisively and we wish the departing partners well.’
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com