“The Law Society Gazette” says the office representing the victims of disaster in English is a risk of not being able to pay debts according to auditors
The British law firm had a short -term salary debts of 522 million pounds in 2022. The accounts were published on Tuesday (15.ab.2025) 18 months late, according to data analyzed by the newspaper specializing in law in England and Wales.
Auditors who analyzed the accounts mentioned risk of “Material Uncertainty” regarding the company’s ability to afford its obligations. The accounts show that the company’s director, Tom Goodhead, received £ 4.24 million as an advance. According to the report, much of the amount had not been paid until the end of the year and the outstanding balance had no guarantee, was exempt from interest and payable in sight. After the balance sheet date, the debt was forgiven. Read A (PDF – 111 KB). The 2023 balance has not yet been presented, according to the site.
POGUST GOODHEAD represents in action in the United Kingdom about 620 thousand victims of the rupture in 2015 of the dam,, joint-venture da and, in Mariana (MG).
Tom Goodhead said to Poder360 held in September 2024 that compensation for victims should reach £ 36 billion (equivalent to $ 279.5 billion in the current price). The lawyer, however, said that if there are convictions of the companies, the agreement should have a lower amount.
The office will charge variable fees that may reach 30% of what is received by some victims. The phase of audiences and final allegations of the process in London began in October 2024 and ended in March. The verdict should leave by the end of the year. If the mining company is held responsible for the disaster, there will be a new phase of the trial to determine the damage caused and the amount to be paid. Such a decision should leave by 2028, according to Goodhead.
What the office says
In a note sent to Poder360the office reported that its acting model is based “In the strength of our shares portfolio, not in traditional financial cycles.” The note, however, has no numbers. “The office is still well financed, with strong support from investors and a valuable set of processes that drive long -term returns,” says the text.
The office also stated that the balance of 2022 accounts does not change “The progress and good conduct of the processes, including the case of Mariana.”
Pogust Goodhead said that emblematic processes such as Mariana’s and against car automakers are reaching advanced stages and, therefore, “2025 should be the most significant year to date” for the company.
Read below the full response of Pogust Goodhead to power360:
“Pogust Goodhead’s office model is built based on the strength of our stock portfolio, not traditional financial cycles. The office is still well funded, with strong investor support and a valuable set of processes that boost long -term returns.
“Unlike traditional law firms, our financial model reflects the value of our processes and not short -term profitability. We have solid financing and a portfolio supported by assets that guarantee a safe position for future revenues.
“The balance of 2022 accounts does not change the progress and good conduct of our processes, including the Mariana case. Pogust Goodhead continues in a strong position to do justice to more than one million customers against some of the largest companies in the world. With iconic processes such as BHP cases and carmakers reaching advanced stages, 2025 is expected to be the most significant year to our company.
“April 16, 2025.”
