Saturday December 14, 2019

Sweating the small print

European regulations have put an onus on businesses to make consumer contracts clear and jargon-free

18th October, 2015
Stuck in a moment: Adam Clayton’s dispute over his financial affairs has put contracts under the microscope Pic: Getty

U2 bassist Adam Clayton’s €10 million court claim against his former accountant over investment losses illustrates how important it is to know what you are signing up to.

The musician alleges that he entered into high-risk investments, including property deals, on advice from Gaby Smyth even though he didn’t want to.

Smyth denies negligence or that he was Clayton’s financial adviser.

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