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Founded in 2012, Signature Litigation has grown into one of London’s pre-eminent specialist dispute resolution practices. From the outset, we set out to do things differently: a conflict-free, disputes-only platform designed to give clients the undivided focus and strategic agility that complex, high-stakes matters demand.
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Established in 2017, Signature Litigation's Gibraltar office was founded to address growing demand for specialist expertise in commercial litigation and private wealth disputes on the Rock.
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Signature Litigation AARPI houses one of France’s most enviable product liability practices, with the team also handling commercial and corporate litigation, insurance and reinsurance, toxic tort and ESG, civil fraud and asset tracing, international arbitration, administrative and public law.
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Frankfurt has emerged as one of Europe's foremost financial and commercial centres and, increasingly, as a bridge between European and Asian markets. With that growth comes an increasing demand for sophisticated dispute resolution. Signature Litigation established its Frankfurt office to meet this need, bringing our conflict-free, disputes-only platform to the German market.
FIND OUT MOREPartner Paul Brehony comments on the Financial Reporting Council (FRC) fining PwC over BT audit failings following the discovery of GBP 512m fraud, in the Evening Standard. Paul’s comments were published on 8 August 2022 in the Evening Standard here.
Paul's comments follow the news that the FRC has fined PwC GBP 1.8 million for the way it handled auditing of FTSE 100 telecoms company BT. The fine was cut from GBP 2.5 million after PwC held its hands up to the failure in its proceedings. The accounting anomalies amounted to GBP 512 million. PwC had failed to present sufficient or solid audit evidence after discovering the fraud in BT’s Italian operations during its 2017 audit of the firm.
Paul commented: "A lack of professional scepticism is becoming a recurring theme in FRC feedback following fines and regulatory findings. It is self-evidently a theme the FRC are alive to given the issuance last month of its ‘Professional Judgement Framework’ to help auditors improve their performance in this area. The fine related to PwC’s 2017 audit of BT and was confined to its Italian operations - so it is relatively historic. Time will tell if this is an area the profession is learning to grapple with a little better. It is certainly an area of regulatory focus."
