Following a rise in the number of ?lender claims against law firms, the ?tide now seems to be turning in favour of solicitors, says Philip Murrin
The Court of Appeal in Nationwide Building Society v Davisons Solicitors [2012] EWCA Civ 1626 allowed an appeal by the defendant solicitors against the High Court's finding of breach of trust and refusal to grant relief under section 61 of the Trustee Act 1925. The case was one in a series of recent lender claims.
It was followed in May 2013 by Santander UK Plc v RA Legal Solicitors (a firm) [2013] EWHC 1380 (QB),...
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