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The legal fallout from the Panama Papers

Mossack Fonseca's loss may be other lawyers' gain if the firm's clients decide to bring claims against it, writes Sarah Webb

19 April 2016

The political and legal storms continue over the accessing and publication of tax information for the clients of Mossack Fonseca. While the newspapers focus on the political ramifications, clients of the firm are no doubt looking at how they can obtain redress. It is inevitably the rich and famous that the media have concentrated on. What does the footballer or celebrity do about his tax affairs being laid bare in the media?

The media on the whole has been careful in reporting these matters, referring to avoidance not evasion, and emphasising that there is nothing legally wrong with the former. Some newspapers may have overstepped the mark by being overcritical of individuals who have dealt with matters in an entirely lawful way or wandering into the realms of 'guilt by association'.

Defamation proceedings under the new Defamation Act are going to be difficult. While individuals in these cas...

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