Linklaters criticised for alleged errors in professional negligence claim over Arsenal share sale

Claim brought by former Arsenal shareholder sheds light on magic circle firm’s role in fate of Arsenal ownership

The details of former Arsenal shareholder Lady Nina Bracewell-Smith’s professional negligence claim against Linklaters have been laid out in a new High Court filing, which suggests that the law firm’s errors played a part in her decision to sell her shares to the club’s current majority owner, US businessman Stan Kroenke.

The magic circle firm and big four accountants Deloitte are being sued by Bracewell-Smith over their advice relating to the sale of her 15.9% stake in the Premier League club to Kroenke’s company KSE in 2011.

This premium content is reserved for
Legal Week Subscribers.

Subscribe today to get ALL ACCESS and 15% off!

A premium subscription gives you access to all articles and provides:

  • Trusted insight, news and analysis from the UK and across the globe
  • Connections to senior business lawyers within the leading law firms and legal departments
  • Unique access to ALM’s unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week’s UK Top 50 and Global 100 rankings
  • The Legal Week Daily News Alert, Editor’s Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
  • Optimized access on all of your devices: desktop, tablet and mobile
  • Complete access to the site’s full archive of more than 56,000 articles

Subscribe Now For All Access

For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651