Pogust Goodhead faces a £2.6m lawsuit from barrister Ibar McCarthy over unpaid fees related to the £36bn BHP litigation, while the firm plans to counterclaim against McCarthy.

UK · 2026-09-15

1. Step 1 · The triggerPogust Goodhead is sued by barrister Ibar McCarthy for £2.6m in unpaid fees related to the BHP litigation, creating direct legal and reputational exposure.
2. Step 2 · Knock-onThe dispute raises concerns about Pogust Goodhead's ability to pay and retain counsel, prompting co-counsel and suppliers to tighten payment terms and credit controls.
3. Step 3 · Reaches youUK SMEs relying on external legal services face stricter payment terms, higher upfront costs, or potential delays as sector-wide risk aversion increases.

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: City A.M.

This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.