04 Apr 2017
Solicitors and their insurers will welcome the recent Supreme Court decision on the scope of solicitors’ duties (BPE Solicitors v Hughes-Holland[1]). Previously the Court of Appeal had decided that the investor's whole loss was attributable to his commercial misjudgments, and as such the solicitors were not liable for the loss. The Supreme Court has upheld this decision and provided useful guidance on analysing the scope of solicitors' duties in claims of this nature.