Author's articles
Ixellion vs EY: 850 million euro compensation on the Mediator's table
By Anthony Baker · 5 days ago
The Luxembourg financial world is shaken by an unprecedented scandal. The Civil and Commercial Mediation Center (CMCC) of Luxembourg now finds itself handling a compensation claim that could redefine the standards of responsibility for auditing ...
Ixellion S.A. Shareholders Move Towards Judicial Mediation Request for Over 800 Million Euros in Damages
By Anthony Baker · 1 week ago
Concerns Over Conflicts of Interest in Luxembourg's Supervisory Bodies
**Luxembourg, June 14, 2024** - The saga of Ixellion S.A., involving Ernst & Young (EY), continues to unfold, now reaching a new phase that could lead ...
The Importance of Transparency in Professional Liability Insurance: Lessons from the EY Case
By Anthony Baker · 2 weeks ago
The recent case involving Ernst & Young (EY) and its alleged negligence in the management of a Luxembourg-based company has brought to light a crucial issue in the world of auditing and professional services: the ...
EY's Alleged Negligence Rocks Luxembourg's Financial System. Billions at Stake as Legal Deadline Looms.
By Anthony Baker · 2 weeks ago
The Luxembourg financial world has been shaken by a scandal of considerable proportions, with the well-known accounting firm Ernst & Young (EY) at its center. The alleged negligent management of Ixellion SA, a company with ...
Financial Scandal in Luxembourg: Prestigious Auditing Firm Accused of Serious Negligence impacting Ixellion SA
By Anthony Baker · 1 month ago
A case of alleged auditing negligence that led to billion-euro losses raises questions about accountability and oversight in the financial sector.
In a tumultuous development in the Luxembourg financial sector, the prestigious auditing firm EY ...