This case is one of a large group of cases we have handled relating to the collapse of the £100 million Axiom litigation funding scheme based in the Cayman Islands. We acted for the SRA in Solicitors Disciplinary Tribunal (SDT) proceedings (SDT Case No 11433-2015) and the SRA's subsequent successful appeal before the Divisional Court, which found that the level of carelessness displayed by the respondent was such as to undermine public trust in the profession.