A costly error
Failure to advise clients of risk can have serious financial consequences. Edwin Coe’s David Greene considers a recent equitable compensation claim in Main v Giambrone & Law [2017] in an article in May’s edition of Trusts and Estates Law & Tax Journal.
The Giambrone judgment offers a warning to conveyancing lawyers who undertake wider obligations than the standard as they now might find themselves liable for their clients’ wider losses. If nothing further this case should serve as a warning to practitioners to take extra care in the new post-BPE era.
Edwin Coe acted for some of the claimants in Giambrone.
To read the article in full, please click here.
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