Freshfields Bruckhaus Deringer won a double role on the probe into subprime lender Cattles’ finances, advising the company as well as leading the review.
Last month Cattles, which suspended three senior executives including its finance director, announced that its annual financial results would be delayed.
An independent forensic review led by Freshfields and accountancy firm Deloitte is now looking into the finances. Freshfields dispute resolution partners David Scott and Ali Sallaway are leading the review. Deloitte is not receiving separate legal advice. Freshfields is also advising Cattles, with corporate partner Gareth Stephenson leading.