Professional risk - December 2011
Welcome to the Professional Risk newsletter, with
considered analysis of issues and cases affecting the whole
professional indemnity market.
We hope that you find this update of
assistance. Please do not hesitate to contact me, our contributors
or your usual Weightmans contact if you have any issues you
wish to discuss.
Dominic Dennis-Browne,
editor.
020 7822 1934
Articles
Differing judges and the consistent approach – Hi-Lite
Electrical Ltd v Wolseley UK Ltd and others
This article considers the recent case of Hi-Lite Electrical Ltd
v Wolseley UK Ltd and DAB Pumps SpA, which raises issues of expert
evidence and third party claims. We consider
the impact of the decision in the context of construction
claims.
The increasing wave of claims brought by litigants in person
means challenging times lie ahead
This article considers the trend of an
increase in the number of claims being brought by litigants in
person, the challenges faced and tips on how to handle these
claims.
Lenders’ claims: Is there a light at the end of the
tunnel?
This article considers the increase in
claims brought against surveyors and arguments open to insurers to
reduce the level of damages paid.
Measuring damages in defective premises claims
This article considers the process of measuring damages in
defective premises claims. This has
historically been a complex issue and the recent case of Harrison
and others v Shepherd Homes Ltd and others sheds some further light
on this difficult point.
Hot-Tubbing – All froth & bubbles or being taken to the
cleaners?
This article considers "Hot-Tubbing" of experts, which is
becoming a frequent feature of trials in the Technology and
Construction Court. We review the merits and
disadvantages of this procedure.
Bribery Act 2010 – Are solicitors taking it seriously?
This article considers the Bribery Act
2010 and the impact the Act will have on how solicitors run their
business in the UK and abroad.
A variation of this article has been submitted for publication
to the Law Society Legal Compliance Bulletin for the November 2011
edition.
The end of an error?
This article considers the important
recent amendments to the CPR rules concerning Part 36
offers.
Page v Hewetts & Fuller: Three-pronged attempt to overcome
limitation defence fails
This article considers the important
recent decision in Page v Hewetts & Fuller and the limitation
arguments which can be raised by a defendant to defeat a claim on
limitation grounds.
Capita Alternative Fund Services Guernsey Limited &
Matrix-Securities Limited v Drivers Jonas (a Firm)
This article considers a recently
reported decision on surveyor's negligence and the important issue
of reliance in respect of the surveyor's advice.
Changes to the Construction Act – In force from 1 October
2011
This article considers the recent changes made to the Housing
Grants Construction and Regeneration Act 1996 by The Local
Democracy Development and Construction Act 2009. These changes have significant impact on
construction contracts and the construction adjudication
procedure.
Outcomes focused regulation – An opportunity to improve risk
management
This article considers the new Code of
Conduct for solicitors and the challenges firms face in how they
regulate and manage the risk they face.
Costs - Proportionality, Costs of abandoned issues, Cost of
funding, Success fees & ATE
This article considers the case of Motto
& Ors v Trafigura Ltd & Anor, which deals with various
costs issues including proportionality of costs and the cost of
funding in respect of preparing and advising on CFAs.
Life after death bonds
This article considers issues arising
from the decision of the FSCS to pursue subrogated claims against
IFAs for recovery of compensation paid to investors following the
collapse of Keydata Investment Services Ltd.
This update does not attempt to provide a full analysis of
those matters with which it deals and is provided for general
information purposes only and is not intended to constitute legal
advice and should not be treated as a substitute for legal
advice.
Weightmans LLP accepts no responsibility for any loss that may
arise from reliance on the information in this update. The
copyright for this update is owned by Weightmans LLP 2011.