David Sawtell reviews the potential pitfalls and benefits of settlement agreements ‘The House of Lords accepted that a party may, in a compromise agreement supported by valuable consideration, agree to release claims or rights of which they are unaware and of which they could not be aware, if appropriate language is used to make plain …
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Wills & Trusts Law Reports | January/February 2016 #156This was a claim for an account and associated enquiries and for equitable compensation brought by Jeffrey and Peter Barnett (the claimants) against their former solicitor Stuart Creggy (Mr Creggy). The claimants were entrepreneurs in the restaurant business. Mr Creggy’s practice consisted of establishing offshore companies for clients and providing services to those clients in respect of depositing, investing and withdrawing funds held in those companies. Mr Creggy ceased to be a solicitor in 1998, but continued to provide those services until 2002.
The claimants were clien...