The Weekly Law Reports
[2005] 3 WLR 212
Court of Appeal
Law Society v Sephton & Co (a firm) and others
[2004] EWCA Civ 1627
2004 Oct 18,
19;
Dec 13
Dec 13
Carnwath, Neuberger and Maurice Kay LJJ
Limitation of action
— Negligence
— Accrual of cause of action
— Accountants negligently preparing statutory annual reports on solicitor's practice for submission to Law Society
— Solicitor subsequently misappropriating clients' moneys
— Law Society failing to investigate or intervene in practice in reliance on reports
— Law Society compensating clients from Solicitors Compensation Fund
— Whether cause of action against accountants in negligence accruing at time of misappropriations or at time of resolution to compensate clients
—
Limitation Act 1980 (c 58), s. 2