If the multinational is a plc, both it and the auditors will probably want to reach a group-wide arrangement on liability limitation, which must still be agreed on a company-by-company basis. Cap in hand: for the first time in the UK, accounting firms are legally entitled to ask an aud...
The relevant date for setting the running of time against a tortfeasor who sought contribution under the Civil Liability (Contribution) Act 1978 was the date of the judgment or award which ascertained the quantum, and not merely the existence, of the tortfea-sor's liability. The Court of Ap...