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Axiom Legal Financing fund

Regulation

SFO investigating £120m Axiom fund and founder

The Serious Fraud Office (SFO) is investigating the suspended £120m Axiom Legal Financing fund and its founder Tim Schools, Professional Adviser understands.

clock 01 September 2014 •

Regulation

Solicitor mastermind behind failed £120m Axiom fund struck off

A solicitor who masterminded the now collapsed £120m Axiom Legal Financing fund has been struck off for "serious and continued" misconduct at one of the main law firms that received money from the fund.

clock 29 August 2014 •

Investment

Axiom directors look to replace receiver KPMG with Grant Thornton

The directors of the suspended £117m Axiom Legal Financing fund have caved in to pressure from shareholders to replace KPMG as receiver of the fund with Grant Thornton.

clock 16 January 2013 •

Investment

'Little' due diligence done on Axiom Legal Financing fund investments

The managers of the suspended £117m Axiom Legal Financing fund carried out "little or no due diligence" on the cases in which they invested shareholders' money, according to KPMG.

clock 17 December 2012 •

Investment

Major Axiom Legal fund distributor calls to sack directors

The main distributor of the suspended Axiom Legal Financing fund is urging investors to sack the fund's directors with immediate effect.

clock 30 November 2012 •
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