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Date: March 2012

Home » Archives for March 2012

Contractors not liable for spotting design deficiencies says judge

15/03/2012

Architects, structural engineers and other design professionals cannot expect contractors to share the blame if the contractors fail to warn them about deficiencies in their designs according to a recent court case, Cleightonhills v Bembridge Marine. The case has important…read more

Consulting engineer liable for fall in property value says Court of Appeal

15/03/2012

A firm of consulting engineers has been found liable for the fall in property values following its failure to meet the completion date of a road on a new development. The decision calls into doubt the widely-held view developed in…read more

Tough new rules for Claims Management Companies

15/03/2012

Claims Management Companies (CMC) will have to get written agreement from clients before pursuing claims and charging a fee under tough new conduct rules to be introduced by the Claims Management Regulator this summer.The new conduct rules come on top…read more

SRA starts enforcement against firms without compliance officers

15/03/2012

The Solicitors Regulation Authority (SRA) is “moving into the enforcement phase” for firms which have failed to appoint compliance officers. Around three per cent of the 10,000 law firms regulated by the SRA are expected to be affected. All law…read more

Courts back IFA in misselling case

15/03/2012

Financial Advisers will be reassured by a recent court decision which backed an IFA against claims of misselling by a wealthy client. The case shows that the courts are willing to listen to advisers who challenge their clients’ protestations of…read more

Financial Adviser without run-off PII cover faces bankruptcy

15/03/2012

A financial adviser faces bankruptcy after being found liable for miss-selling two life settlement policies following his principal firm’s failure to secure run-off professional indemnity insurance (PII) cover. Mark Wayman was sole proprietor of Endowment Surrender Plus (ESP).  In 2003…read more

Claims exposures for architects

02/03/2012

We consider the potential claims that architects may be exposed to in the current economic climate… Claims exposures for architects We consider the potential claims that architects may be exposed to in the current economic climate. Over the first nine…read more

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