Missing the risk of landslide damage has left valuation surveyor E.Surv facing court action. The surveyor is being sued by sub-prime mortgage lender, Rooftop Mortgages, after a property it valued at £450,000 had to be abandoned. The home owners, William…read more
Value of construction disputes falls in 2015
The value of UK construction disputes fell by 12{0a6a65c996ed4169444354e707b897cdb00dbefc1d0429e8febb9bf11027ba53} in 2015 according to Arcadis’ Global Construction Disputes Report 2016. The findings indicate a greater willingness to mediate before the onset of formal proceedings says the report. The UK is also…read more
Solicitor rapped over negligent will
Failure to check a client’s intentions about her will left a solicitor in hot water. The beneficiaries were left £62,500 short of the inheritance they expected and accused the lawyer of negligence. The solicitor settled out of court but was…read more
Fraud prevention
Directors could end up in jail if they fail to prevent fraud by an employee under plans expected in a government consultation. The Ministry of Justice is considering whether to extend the ‘failure to prevent’ rules from bribery and tax…read more
Advisers accused of holding back information in ‘death bond’ dispute
Investors in a so-called ‘death bond’ fund who have lost 40{0a6a65c996ed4169444354e707b897cdb00dbefc1d0429e8febb9bf11027ba53} of their original capital are raising money to sue the fund’s parent company, EEA Fund Management. Meanwhile, the head of the EEA Investors’ Group has told FT Adviser that…read more
