Axiom Ince Collapse
Legal Services Board enlists top Northern Ireland firm to investigate oversight of Axiom Ince
Carson McDowell will examine “regulatory events” leading up to Solicitors Regulation Authority’s intervention into firm
Compensation claims over collapse of Axiom Ince hit £33m
Regulator says it hopes to avoid additional levy on solicitors by prioritising claims
SRA defends oversight of Axiom Ince and promises review of ‘accumulator firm’ supervision
Regulator says it uncovered ‘sophisticated’ suspected dishonesty including ‘falsified bank statements and letters’
SFO makes seven arrests amid dawn raids in connection with Axiom Ince collapse
More than 80 investigators involved in operation sparked by discovery of £66m hole in client accounts
SRA and Law Society at odds as compensation fund levy looms over Axiom Ince intervention
Solicitors Regulation Authority concedes additional levies are likely as law soc flags ‘atypical’ business model of collapsed firm
Spencer West adds 19-strong team from shuttered Axiom Ince in private wealth push
Fee-sharing firm also acquires London boutique Hieron and adds team from Selig + Partners
Regulator takes control of Axiom Ince to protect clients’ interests
Solicitors Regulation Authority makes what is expected to be the largest – and most costly – intervention into a law firm
Axiom Ince feared on brink of closure as fate of trainees and support staff uncertain
Ince & Co website unavailable and most phone lines down, while City of London Law Society says it will support impacted trainees
Axiom Ince director challenges SRA intervention in High Court
Shyam Mistry denies knowledge of alleged wrongdoing in appeal against “draconian” suspension by regulator
SRA suspends Axiom Ince head Pragnesh Modhwadia
Modhwadia and two other directors of fast-growing UK firm prohibited from practising as solicitors
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