Jackson case review completed

Jackson and three other partners at his Manchester firm, Thomson Morely Jackson, were last year fined £5,000 with costs of £20,000 after they were found guilty by an association disciplinary committee of backdating Norwich Union share applications to get free shares in the insurer’s 1996 flotation.

Top insolvency lawyer, Michael Steiner of Denton Wilde Sapte, was invited to conduct a review of the case after concerns were raised over the association’s handling of the case.

Steiner has now published a 54-page report which addresses the concerns raised point-by-point, but fails to find any fault with the handling of the case. The only minor criticism he made of the association related to a delay in responding to one piece of correspondence.

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