BusinessBusiness RecoveryE&Y sought legal advice before taking on Leeds

E&Y sought legal advice before taking on Leeds

The insolvency profession's code of ethics, which prompted concern among Mayflower shareholders over Deloitte's administration of the company, caused Ernst & Young to take legal advice before accepting the administration of Leeds United plc.

Link: Leeds United future guaranteed, plc to be wound up

E&Y said it had taken on the job as a joint appointment with the P&A Partnership undertaking the review of directors’ conduct.

Within the last three years, the plc’s chief executive Trevor Birch and financial director Neil Robson were a partner and director with the firm respectively.

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