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Article

Mills & Reeve LLP | United Kingdom | 24 Oct 2011

Solicitors’ liability for breach of trust

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.

Article

Mills & Reeve LLP | United Kingdom | 30 Apr 2008

Directors competing in breach of fiduciary duty

In the absence of express clauses in a contract of employment or service agreement, it can be very difficult to prevent an employee from leaving and competing with their former employer.

Article

Mills & Reeve LLP | United Kingdom | 12 Jun 2007

Kosmar Villa Holidays Plc v Trustees of Syndicate 1234 - reservation of rights

Waiver by election can apply where an insurer fails to reserve its rights following the insured’s breach of a condition precedent in the policy.

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