Dear all,
I would be very grateful if any of you could refer me to cases
concerning which of an accountant and a lawyer, both of whom are
engaged to advise on a transaction, are responsible for failures to
give relevant advice and the way in which claims for contribution
between lawyers and accountants were apportioned.
I realize the point is likely to depend on the retainers in question
and the nature of the advice not given.
However, a review of the usual sources (Jackson and Powell and
westlaw) provides surprisingly few cases.
The leading case seems to be Mathew v Maughold Life Assurance Co
(1987) 3 PN 98. The facts of that case are unusual however.
Kind regards
Ger