Following recent Supreme Court rulings in two professional negligence cases, the Court has outlined a “wholly new legal roadmap” for professional negligence claims made in England and Wales.
...Advantage Litigation News & Updates
From time to time we will post news articles and announcements relating to the firm and to various legal issues that may be of interest to you.
Following the collapse of construction giant Carillion in Jan 2018, litigation funding has recently been confirmed allowing the defunct business to pursue legal action against accountants KPMG. The funding has been agreed by Litigation Capital Management (LCM), who have agreed to fund the £250m claim being made by Carillion’s liquidator in the Commercial Court.
...Three senior managers from Tokyo Electric Power Company (TEPCO), the operators of the Fukushima power plant involved in 2011’s nuclear disaster, have been acquitted of professional negligence charges following a high-profile trial in Japan.
...Well known celebrity and TV star Noel Edmonds, presenter of Channel 4’s hit show ‘Deal or No Deal’, has reached a financial settlement with Lloyds Banking Group (‘LBG’) following a long and protracted legal action.
...Huw Jenkins, former chairman of Championship football club Swansea City FC, is making a claim for damages based on alleged professional negligence against a firm of solicitors who had previously advised him during his divorce in 2017.
...Latest News
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New Tests are Coming for Professional Negligence Claims
Following recent Supreme Court rulings in two professional negligence cases, the Court has outlined a “wholly new legal roadmap” for professional negligence claims made in England and Wales. As a result, the Professional Negligence Lawyers Association (PNLA) have said that existing claims will now need to be reviewed, stating that “for many there could be a substantial impact on the likely chances of success and the assessment of financial loss”.The cases in question are Khan v Meadows [2021] and Manchester Building Society v Grant Thornton UK LLP [2021]. The first case centred on whether a medical expert, who failed to diagnose that a mother carried the haemophilia gene, was liable for the costs associated with her son’s autism as well as his haemophilia, whilst the second case concerned whether accountants Grant Thornton were liable for the costs of a building society... Read More
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Failed Business Claims Highlights Risks of Not Having Professional Representation
A recently failed business claim that was dismissed at court has once again highlighted the many pitfalls and legal complexities facing litigants in person (LIPs – that is, individuals taking legal action without professional representation from a solicitor or barrister). The claim in question - Daly & Anr v Ryan & Anr. 2021 - concerned an individual businessman who had a costly judgment entered against him simply because he had repeatedly failed to abide by the rules. Read More
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Law Firms look to New Ways of Working as Numbers Shrink
Latest statistics from the Solicitors Regulation Authority (SRA), who are responsible for the regulation of solicitors and law firms in England and Wales, confirm what many in the profession have been predicting for a while; that law firms are accelerating the consolidation process as they begin to embrace new ways of working. Read More