MG Rover Appeal

Deloitte and Maghsoud Einollahi appealed against the decision of the FRC’s Disciplinary Tribunal arising out of the Phoenix Four's stewardship of MG Rover in the period 2001-2002.  The Appeal Tribunal overturned 8 out of the 13 findings of misconduct, including the findings that there had been deliberate misconduct, the findings that Deloitte had acted contrary to the public interest and all the findings on Project Aircraft.
 
The Appeal Tribunal has reserved its decision on sanctions.
 
The Appeal Tribunal (chaired by Sir Stanley Burnton) published its decision on 30 January 2015. The published decision can be accessed here: https://www.frc.org.uk/Our-Work/Publications/Professional-Discipline/Report-of-the-Appeal-Tribunal-Deloitte-Touche-M-Ei.pdf
 
Ben Jaffey led by Bankim Thanki QC of Founctain Court Chambers (instructed by Andrew Hart and Sarah Parkes of Freshfields Bruckhaus Deringer), represented the appellants.