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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 news that the Financial Reporting Council has fined KPMG GBP 21m over its audit failures in relation to Carillion. Paul’s comments were published in CDR News on 12 October 2023, and can be found here.
Following a five-and-a-half year investigation into KPMG's failures in auditing collapsed government contractor Carillion, the Financial Reporting Council has fined the auditor a record GBP 21m. The FRC stated that the fine was imposed after it found that Carillion "was not subject to rigorous, comprehensive and reliable audits in the three years leading up to its demise."
Commenting on this development, Paul Brehony, Partner at Signature Litigation, said:
“This record fine is reflective of the paucity of the audit work undertaken by KPMG in the lead up to Carillion’s collapse. It is representative of the FRC’s increasing proactivity in policing audit quality and in the fines it is imposing on both firms and individuals. Whilst the Government’s plans to replace the FRC with a new, more powerful regulator remain just that pending legislation, it is reassuring to see the FRC flexing its muscles in this way.”
