Baker Tilly faces negligence claim
Claimants allege the firm was negligent in its advice concerning tax relief on investments in film finance.
Baker Tilly is facing a negligence claim worth £22m for advice given about
the availability of tax relief on investments in film finance schemes.
A total of 75 claimants have brought the claim, filed in the High court in
2006, against tax specialist Adrian Shipwright of Pump Court Tax Chambers and
Baker Tilly for advice they gave the claimants, which include Terra Firma chief
executive Guy Hands,
Baker Tilly is being advised by Barlows’ newly-appointed senior partner
Simon Konsta, with Four New Square’s Justin Fenwick QC and David Turner
instructed as counsel.
The case is set to go to trial for four weeks at the end of June after talks
between the parties are thought to have failed.