Wragge & Co has been ordered to pay more than £7.5m after a judgment in the High Court ruled that the firm gave negligent advice to former client Amalgamated Metal Corporation (AMC). The judgment, issued last Friday (8 April), found Wragges liable for professional negligence in relation to advice it gave when AMC settled a tax dispute with HM Revenue & Customs (HMRC) in 2003.
April 14, 2011 at 01:41 AM
1 minute read
The original version of this story was published on Legalweek
Wragge & Co has been ordered to pay more than £7.5m after a judgment in the High Court ruled that the firm gave negligent advice to former client Amalgamated Metal Corporation (AMC).
The judgment, issued last Friday (8 April), found Wragges liable for professional negligence in relation to advice it gave when AMC settled a tax dispute with HM Revenue & Customs (HMRC) in 2003.
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