Recycler, Tax Adviser Extend Deal Talks in Negligence Suit

Law360, London (July 1, 2019, 2:26 PM BST) -- A judge has granted an extension for settlement talks in a lawsuit brought by a recycling company against its accountants over allegedly recommended investments it made that were later targeted by U.K. tax authorities.

High Court Master Karen Shuman noted that the warring sides agreed to prolong a stay to the litigation — which had been scheduled to end in mid-June — for another two months. Master Shuman extended the stay in her Wednesday order to Aug. 14, “during which period the parties will continue to attempt to settle the matter or to narrow the issues.”

Plastic bag recycler J&A Young...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS