Court refuses to dismiss third party claim for economic loss against solicitor


Northern Rock (Asset Management) plc v Jane Steel and Bell & Scot LLP
Outer House, Court of Session
27 February 2014

Catriona Hunter comments on this case in which the Court of Session considered a claim for damages against a solicitor who had acted for a company that had borrowed funds from the Claimant. The Claimant maintained that, relying on the terms of an email received from the solicitor, it had discharged a standard security when this should only have been restricted. As a result, the Claimant had only received partial repayment of the loan and argued that the solicitor was responsible for its loss.

Read the full article on DWF's dedicated website for insurance professionals >

This information is intended as a general discussion surrounding the topics covered and is for guidance purposes only. It does not constitute legal advice and should not be regarded as a substitute for taking legal advice. DWF is not responsible for any activity undertaken based on this information.