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Construction Focus: Information or advice?
John Starr reports on two recent decisions that have reaffirmed the SAAMCO principle in cases of alleged negligence, highlighting the difference between informing and advising ‘In an attempt to recover their losses, lenders looked to the conveyancing solicitors who had advised on the transactions.’ At a time when interest rates have just increased from 0.25% …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd [1995] 2 All ER 769
- BPE Solicitors & anor v Hughes-Holland [2017] UKSC 21
- Governors and Company of the Bank of Ireland & anor v Watts Group plc [2017] EWHC 1667 (TCC)
- South Australia Asset Management Corp v York Montague Ltd [1996] UKHL 10