Mishcon wins right to bring judicial review proceedings against KPMG

There has been a lot of talk about judicial review recently in the light of the coalition Government’s reforms – which could be reversed if Labour wins next week’s election.

But applications are still going through the courts and last week Mishcon de Reya and Brick Court Chambers’ Richard Gordon QC won a landmark victory for their client Holmcroft Properties when Mr Justice Parker decided that Holmcroft could bring a judicial review against KPMG.

Parker J said that because the accountancy firm had been appointed by Barclays as an independent reviewer into the compensation process in relation to its mis-selling of interest rate swap products, there was a public interest argument that should be heard in a judicial review.

Whether or not the actual judicial review hearing is successful, the judgment sets an important precedent which could see more ‘private’ bodies taken to court under the public interest defence.

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