House of Lords revisits auditors' liability

Alcock, A

Abstract

In one of its last opinions handed down before its transformation into the Supreme
Court, the House of Lords yet again considered issues concerning the liability of
auditors, in this case on the application of the doctrine of ex turpi causa non oritur
actio as a defence to a claim for negligence brought by the audited company.1
Whether, however, the judgments delivered have clarified the law on ex turpi or
auditors' liability is open to doubt.

Citation

Alcock, A. (2010). House of Lords revisits auditors' liability. Journal of Business Law, 54(5), 444-456

• Journal Article Type: Article
• Publication Date: Jan 1, 2010
• Deposit Date: Sep 7, 2010
• Journal: Journal of Business Law
• Print ISSN: 0021-9460
• Publisher: Sweet and Maxwell
• Peer Reviewed: Peer Reviewed
• Volume: 54
• Issue: 5
• Pages: 444-456
• Keywords: Auditors; Ex turpi causa; Fraud; Professional negligence
• Publisher URL: http://www.sweetandmaxwell.co.uk/Catalogue/ProductDetails.aspx?recordid=476&productid=7128