A forged mortgage discharge form could land the representatives of a closed property conveyancer in court. A court has ruled that the Land Registry can sue conveyancing firm, Caffrey & Co, after a mortgage was fraudulently discharged. The ruling means…read more
Court of Appeal overturns solicitors’ PI aggregation decision
The Court of Appeal has overturned the High Court’s definition of the ‘aggregation clause’ in solicitors’ professional indemnity insurance policies. The decision could allow insurer AIG to aggregate a series of over 200 property liability claims into a single claim…read more
FCA reviews advice suitability
The Financial Conduct Authority (FCA) is undertaking a major review of suitability of financial advice. It has contacted about 700 advisory firms to request client files. The regulator will assess the suitability of advice for investments, pension saving and retirement…read more
Time limits for claims of negligence
How long can professionals be held liable for negligent advice? In the absence of a contract signed as a deed, a claim can be brought against a professional firm for up to six years after the negligent act was committed…read more
Olympics arbitrator removed from multi-million pound dispute
Getting too close to an arbitrator should start sounding warning bells for construction firms, after a well-known arbitrator was removed from a multi-million pound dispute. The case centred on an arbitrator who had worked regularly with the same firm, frequently…read more
