Natalie Todd, partner at Cooke, Young and Keidan, examines the impact of the recent Luckhurst case on whether fraud suspects can use frozen funds to pay legal expenses in civil litigation

Failing to act in the interests of creditors once it is clear that a business is failing can have serious legal and financial consequences for company directors, warns Rachel Lai, insolvency practitioner at Menzies LLP

The UK’s accounting watchdog fined PwC nearly £1.8m over claims it failed to challenge BT accounts following the discovery of a half-a-billion pound fraud within the telecommunications firm