- Court orders disclosure of legally privileged documents to a regulatory body (Financial Reporting Council Ltd v Sports Direct International plc)
- What are the practical implications of the judgment?
- What was the background?
- What did the court decide?
- Is this another example of the High Court chipping away at legal professional privilege, or a sensible extension of existing principles to ensure regulators can monitor the conduct of professionals appropriately?
Corporate Crime analysis: The Chancery Division has ordered a company to provide a regulatory body, which is investigating the company’s auditor, with documents the company had withheld on the ground of legal professional privilege. James Roberts, partner, Tim Crockford, partner, and Andrew Forsyth, of counsel, all of Clyde & Co, examine the court’s decision.
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