Case Explained:This article breaks down the legal background, charges, and implications of Case Explained: EY settles £2bn UK claim brought by collapsed healthcare company NMC | MLex – Legal Perspective
By Martin Coyle ( February 2, 2026, 16:48 GMT | Insight) — Auditing giant EY has settled a legal claim brought in the UK by the administrators of collapsed health operator NMC Health. EY was sued for £2 billion by NMC’s administrators, who said the firm had been negligent in missing multiple red flags in the leadup to NMC’s collapse in April 2020. At a trial last year, NMC said it was pushing back at “one of the most fundamentally flawed examples of Big Four auditing.”Auditing giant EY has settled a legal claim brought in the UK by the administrators of collapsed health operator NMC Health, which had alleged that its auditing had been an example of “fundamentally flawed” work that disgraced the profession….
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