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Results:1-10 of 488

A warning to all institutions handling client monies
  • DLA Piper
  • United Kingdom
  • April 18 2017

The recent case of Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd 2017 EWHC 257 (Ch) (Singularis) is an important decision affecting


Surveyors’ PI: application of the ‘but for’ test
  • CMS Cameron McKenna Nabarro Olswang LLP
  • United Kingdom
  • August 2 2016

In an unfavourable judgment for valuers, the Court of Appeal has recently reversed a decision of the High Court relating to whether or not an


Accountants owe no duty of care towards third party investor
  • Kennedys Law LLP
  • United Kingdom
  • July 19 2012

It has also provided further guidance, from a limitation perspective, on how to determine the point from which damage accrues in a negligence claim alleging financial loss


Rubenstein v HSBC
  • RPC
  • United Kingdom
  • November 8 2011

In the High Court case of Rubenstein v HSBC 2011 EWHC 2304, the judge found that although the IFA was negligent and in breach of COB rules in advising the claimant to invest in the AIG Premier Access Bond, the IFA was not liable for the investment losses.


Where a defendant has agreed to indemnify a claimant in respect of actual liabilities, the defendant is not estopped from challenging the existence or amount of the claimant’s liability to a third party
  • Reed Smith LLP
  • United Kingdom
  • August 17 2011

The Claimant was engaged by a company to provide engineering services for buildings which subsequently sustained substantial damage.


Third party claims against insurers
  • Mills & Reeve LLP
  • United Kingdom
  • August 16 2011

The claimants leased premises damaged by fire in 2006. Sub-contractors, A Lenihan Ltd (Lenihan) had been carrying out refurbishment works and the fire was allegedly caused by a Lenihan employee negligently using a blow torch to remove paint.


Third party claims against insurers
  • Mills & Reeve LLP
  • United Kingdom
  • August 16 2011

The claimants leased premises damaged by fire in 2006.


Limiting indemnity rights when an insured is insolvent
  • CMS Cameron McKenna Nabarro Olswang LLP
  • United Kingdom
  • April 18 2011

In a recent case, the court held that a party to a settlement agreement (in this case a broker) cannot restrict the indemnity it is providing so that the indemnity is not payable if the insured goes into administration, or liquidation, or undergoes some other insolvency event.


Surveyors 1: lenders 0
  • MacRoberts LLP
  • United Kingdom
  • April 8 2011

Santander (as successors to the rights and claims of Girobank) raised a court action for breach of contract against Allied Surveyors Scotland Plc on 20 November 2008 in relation to losses suffered following an allegedly negligent valuation carried out by Allied.


Directors take note - always act in company's and creditors' best interests
  • Locke Lord LLP
  • United Kingdom
  • March 24 2011

In the recent case of Phillips Roberts (Liquidator of Onslow Ditching Ltd) v (1) Peter Frohlich (2) Godfrey Spanner 2011 EWHC 257 (Ch), the High Court was asked to decide whether the respondent directors had breached their fiduciary duties by continuing with a land development project when it was not in the best interests of the company or its creditors.