Quote:
It must be clearly understood that the accountancy firms listed below have no association with Brookfield and Brookfield can accept no liability for any losses which may be occasioned to you as a result of any actions or omissions by whichever accountancy firm you choose to retain."
Unquote
Nick14:
Well they do have an association with Brookfield....They have stated it in the contract that they are the only ones acceptable. Yes, they have you by the balls if you want a job...but I think you might find that the little indemnity that they have written into the contract for themselves wouldnt be worth the paper it's written on in a court of law.
On one hand they are saying that these companies are the only ones acceptable to Brookfield and they are saying on the other that they aint responsible if it all goes pear shaped.
Now, if you were a Judge in a courtroom what would you think if you had a guy being prosecuted for underdeclaring taxes etc and he presented you with a copy of the above statement? Do bear in mind that under European Competition Law that it is ILLEGAL to limit your right to chose who you use as a financial adviser/accountant or anything else for that matter. So not only do they become liable if your accountant/financial adviser screws up but a little call to the competition authority might generate more than a little interest! Me thinks that these individuals are trying to be too smart for their own good again! It's probably some piece that they cut and paste together thinking that all pilots are thick and that they would accept this tripe as Gospel!
Just Remember: IT'S NOT WORTH THE PAPER IT'S WRITTEN ON!