Ashfords LLP | European Union, United Kingdom | 13 Nov 2018
It is a fact of life that everyone makes mistakes. This is equally true in the case of professional advisors to lenders and, in some cases, those…
Miller Thomson LLP | Canada | 28 Jul 2016
The recent Superior Court of Justice decision Dobara Properties Limited et al. v. Arnone et al., 2016 ONSC 3599 (CanLII) ("Dobara") has potentially…
DAC Beachcroft | United Kingdom | 14 Jul 2016
The High Court firmly rejected a claim against Ernst & Young LLP (EY), in which it was alleged that EY had been negligent in due diligence performed…
Mayer Brown | USA | 14 Jan 2015
The New York Supreme Court, Appellate Division, First Department recently issued an opinion that provides important clarification to the scope of the…
Matheson LLP | United Kingdom | 13 Mar 2014
A recent English Court of Appeal decision reinforces the principle outlined in South Australia Asset Management Corporation v York Montague…
McInnes Wilson Lawyers | Australia | 13 Dec 2013
In our November 2013 Alert we looked at the methodology for the assessment of damages in failed transaction cases. This article will look at the…
Deka Chambers | United Kingdom | 13 Feb 2013
See my earlier post, 13.12.12, on Nationwide v Davisons [2012] EWCA Civ 1626. The Court of Appeal decision in AIB Group (UK) Plc v Mark Redler & Co…
Wiley Rein LLP | USA | 16 Oct 2012
The United States Court of Appeals for the Fifth Circuit, applying Texas law, has affirmed a district court decision holding that an insurer’s reservation of rights did not create a conflict of interest entitling an insured to select independent counsel to defend an underlying legal malpractice lawsuit.
Kingsley Napley | United Kingdom | 16 Jan 2012
The Financial Services Authority has announced revised proposals to improve mortgage underwriting practices and to prevent a return to the type of high risk lending frequently engaged in by financial institutions prior to 2008.
Mills & Reeve LLP | United Kingdom | 24 Oct 2011
There is no reason in principle why a right to receive compensation for personal injury caused by negligence cannot properly be regarded as a legal thing in action but the assignment to the claimant in this case was void as she had no legitimate interest in the claim.