Business doomed to failure
Court of Appeal
“Any loss caused by a solicitor’s negligence in wrongly advising his client that he was in default under a loan agreement with his bank was to be assessed on the date of the breach of duty. A claimant client who had no chance, on the facts, of trading himself out of his difficulties even had the solicitor not behaved negligently, was not entitled to more than nominal damages against the solicitor.”
The Times, 29th August 2007
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
