Articles - DAC Beachcroft

Articles by Julian Bubb Humfryes

Supreme Court clarifies arbitrator bias test and arbitrators' duty of disclosure

Supreme Court clarifies arbitrator bias test and arbitrators' duty of disclosure

On 27 November 2020, the Supreme Court handed down its judgment in Halliburton Company v Chubb Bermuda Insurance Ltd. This is a very significant decis ...

Accountancy Newsletter - December 2020

Accountancy Newsletter - December 2020

DACB’s Audit Liability Round-up for 2020 Those following the world of audit may think there is little Christmas cheer on offer for auditors goi ...

Sports Direct and Legal Privilege – the saga continues

Sports Direct and Legal Privilege – the saga continues

Background – Sports Direct, the FRC and privilege Last year we reported on the High Court’s first instance decision compelling the disclosure of privi ...

Significant extensions to the duty to self-report misconduct – the new ICAEW guidance

Significant extensions to the duty to self-report misconduct – the new ICAEW guidance

As all accountants are aware, their regulator, the Institute for Chartered Accountants of England and Wales (“ICAEW”), imposes a duty on its members t ...

DACB’s Audit Liability Round-up for 2020

DACB’s Audit Liability Round-up for 2020

Those following the world of audit may think there is little Christmas cheer on offer for auditors going into 2021, but we will do our best to add bal ...

Does Legal Advice Privilege apply to foreign lawyers? PJSC Tatneft v Bogolyubov & Ors

Does Legal Advice Privilege apply to foreign lawyers? PJSC Tatneft v Bogolyubov & Ors

The recent judgment in PJSC Tatneft v Bogolyubov & Ors  considered whether legal advice privilege extended to client communications with a foreign ...

The FRC exercises Foresight – KPMG Decision Notice shows a radical development in FRC enforcement

The FRC exercises Foresight – KPMG Decision Notice shows a radical development in FRC enforcement

The FRC has recently sanctioned KPMG in respect of the latter’s audit of an investment company, Foresight 4 VCT plc (“Foresight”). The approach to san ...

FRC sanctions against KPMG offer clues as to its approach towards enforcement generally

FRC sanctions against KPMG offer clues as to its approach towards enforcement generally

While the headlines are dominated by COVID-19, the world of Public Interest Entity ("PIE") audit takes a back seat. However, the two are interlinked. ...

Sports Direct and Privilege

Sports Direct and Privilege

The Court of Appeal has handed down its judgment in Sports Direct International Plc v FRC [2020] EWCA Civ 177. This was Sports Direct’s challenge to t ...

There is now a “dominant purpose” test for legal advice privilege – some practical points for accounting practices

There is now a “dominant purpose” test for legal advice privilege – some practical points for accounting practices

Litigation’ privilege has long been subject to a ‘dominant purpose’test. For a document to be privileged, the dominant purpose for its creation must h ...