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Solicitors’ liability for breach of trust

  • Mills & Reeve LLP
  • -
  • United Kingdom
  • -
  • October 24 2011

Where the defendant firm of solicitors had paid away mortgage monies to the vendors’ purported solicitors who did not exist in breach of the Council of Mortgage Lenders’ (CML) Handbook, they were liable to the lender for breach of trust

Lloyds TSB Bank Plc v Markandan & Uddin meaning of “completion”

  • Mills & Reeve LLP
  • -
  • United Kingdom
  • -
  • March 2 2012

Where the defendant firm of solicitors had caused, through no fraud of their own, mortgage monies paid to it to be paid out to fraudsters in breach of the terms of their instructions and authority, it had acted in breach of trust