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Course Details

Professional Liability Claims Against Accountants: Assessing and Defending Claims

Webinar: ID# 1014512
Recorded CD
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About This Course:
This webinar will prepare counsel to assess professional liability risks for accountants, understand emerging liability theories, and respond to and provide a strong defense to accountant malpractice claims, regulatory enforcement and private litigation.

Description

Accountants and accounting firms are increasingly the target of claims based on professional negligence, failure to follow professional standards, unauthorized practice of law, and violations of professional ethics. Recent heightened scrutiny and enforcement by government regulators only exacerbates liability exposure.

With malpractice risks rising for accountants, counsel must be prepared to represent clients’ interests by appropriately assessing and responding to claims and asserting appropriate defenses.

Listen as our authoritative panel analyzes emerging theories of liability against accountants and accounting firms. The panel will offer best practices for defending accountants against professional liability claims, regulatory enforcement and private lawsuits.

Outline
  • Professional liability claims against accountants
    • Regulatory enforcement (PCAOB, SEC)
    • Accountant litigation

  • Considerations in assessing alleged claims

  • Defenses to claims against accountants
    • Contributory negligence
    • Estoppel
    • Statute of limitations
    • Proximate cause
    • “Unclean Hands” or In Pari Delicto defense
    • Deepening insolvency
    • Business judgment rule

  • Recent developments
Benefits

The panel will review these and other key issues:
  • Emerging theories of professional liability asserted against accountants and accounting firms

  • Best practices when defending accountants against such claims

  • Criteria for practitioners to assess the basis of claims
The Presenters

Michael Braverman, Managing Director, Dispute Consulting
Duff & Phelps, New York

Mr. Braverman focuses on accounting and auditor malpractice, white collar matters, SEC and internal investigations, forensic accounting, M&A disputes, and assisting companies with complex accounting matters and financial restatements. For more than 25 years, he has provided expert and litigation consulting, accounting and auditing, and M&A advisory services.

A. Neil Hartzell, Shareholder
LeClairRyan, Boston

Mr. Hartzell focuses his practice on representing both plaintiffs and defendants in complex civil litigation matters including commercial disputes and claims involving accountants, attorneys and design professionals, as well as governmental investigations. He has appeared before state and municipal boards and agencies, and served as lead counsel in major cases involving professional liability.

Charles H. Horn, Shareholder
LeClairRyan, San Francisco

Mr. Horn focuses his practice on the defense of catastrophic loss claims, construction litigation, professional liability defense and products liability. He has been selected for inclusion in The Best Lawyers in America 2012 edition in the areas of Mass Tort Litigation, Personal Injury Litigation—Defendants, and Product Liability Litigation. He has more than 30 years experience in complex litigation.

CPE Credits Available!

This program has been approved for 1.5 CPE hours through Strafford Publications. CPE Credit is available only for the LIVE webcast. Recorded versions do not qualify for credit.

To obtain CPE credit, attendees must participate in the live event, return an Official Record of Attendance to Strafford affirming their participation (including the CPE code announced during the program), and pay a processing fee of $35 per person. Strafford then will mail a certificate of credit within approximately two weeks of receiving your completed Official Record of Attendance.
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Professional Liability Claims Against Accountants: Assessing and Defending Claims
Available on CD format
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