Property developer Harlequin has won more than $11.6m in damages in a High Court case against its former accountant Wilkins Kennedy.
However, Mr Justice Coulson has proposed the eight-figure sum be paid in to san escrow account rather than to Harlequin "while the competing interests of the company, the liquidators (if they have been appointed) and, in particular, the investors are resolved". Harlequin issued the High Court proceedings in April 2014 in search of £40m-worth of damages for professional negligence. Wilkins Kennedy was hired by Harlequin between 2006 and 2010 to provide financial and business advice, particularly on the creation of the Buccament Bay Resort in St Vincent and the Grenadines in the West I...
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