Solicitor mastermind behind failed £120m Axiom fund struck off

Timothy Schools, who is appealing the decision, was told he can no longer practise law after the Solicitors Disciplinary Tribunal found against him on ten allegations brought by the Solicitors Regulation Authority relating to his time as owner and director at ATM Solicitors. These include failing to act with integrity, acting where there was a conflict of interest, and acting in a manner which led to his independence and that of ATM Solicitors being compromised. In the Tribunal documents, seen by Professional Adviser, one witness states that, when Schools was asked why the firm was ca...