Wragges faces £7.65m payout after negligence court ruling
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.
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).
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