Shareholders, whose rights to sue auditors for unlimited damages for negligence are threatened by the Government's plans to review company law. The plans, which are designed to stop investors from suing auditors when directors may be more at fault, are in response to big payouts such as the £67.6m settlement relating to Coopers & Lybrand's work for the business empire of Robert Maxwell. A committee of the Law Society has criticised the state of company law, pointing out that the last review took place 38 years ago.
The Lord Chief Justice. Lord Bingham (above) has been handed the political hot potato of how long the killers of James Bulger should remain in prison. Jack "always a good idea to pass the buck" Straw has handed responsibility to Bingham after he announced that he was to change the law to end the role of politicians in sentencing juveniles convicted of grave offences, after the European Court of Human Rights found that judges and not politicians should set the minimum term for Robert Thompson and Jon Venables.