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Professional & Financial Risks

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Insurance broker commissions in the headlines in Hong Kong

Published on 05 December 2012.

Insurance broker commissions in Hong Kong are attracting more attention in Hong Kong than, perhaps, the market would like.

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Leo's "name and shame": The right approach?

Published on 27 November 2012. By Sally Lord, Senior Associate

The Legal Ombudsman (LEO) was established by the Office for Legal Complaints under the Legal Services Act 2007 to try and simplify the system and make sure consumers have access to an independent expert to resolve complaints.

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Duties of a Project Manager

16 November 2012

The recent judgment of HHJ Keyser QC in the TCC in The Trustees of Ampleforth Abbey Trust v Turner & Townsend Project Management Ltd [2012] EWHC 2137 (TCC) provides helpful guidance on the duties of a project manager ...

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Delay claims under NEC3

16 November 2012

In order to prove a delay claim under NEC3, a contractor must follow a two step-process to show that (i) a compensation event has occurred; and (ii) that this event caused a delay to the completion of the project.

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The FSA wants further enforcement powers – take note

Published on 06 November 2012. By Ben Gold, Legal Director

In submissions to the Parliamentary Commission on Banking Standards (published today), the FSA has made a request for wider enforcement powers, which directors and officers and employees of regulated entities, and their insurers, should take notice of.

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Lender claim founders – losses "caused" by underlying fraud

Published on 25 October 2012. By Helene Lee, Legal Director

Surveyors come out on top. Judgment was recently given inPlatform Funding v Anderson Associates, a civil claim by the mortgage lender for alleged negligence against a valuer arising from a July 2006 mortgage valuation of a single new-build flat.

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Who Knows?

Published on 11 October 2012. By Ben Gold, Legal Director

As part of its consultation paper, 'Insurance Contract Law: The Business Insured's Duty of Disclosure and the Law of Warranties', the Law Commission has made some interesting comments on the imputation of knowledge to companies for the purposes of the duty of disclosure under section 18(1) of the Marine Insurance Act 1906.

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Collateral Warranties – Tips and Pitfalls

21 September 2012

Collateral warranties are extremely common in the construction industry.

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Solicitors not under a duty to ensure that court staff issue in time

Published on 30 August 2012. By Laura Stocks, Senior Associate

This case Page v Hewetts Solicitors caused a stir back in November when the high court held that a claim form was statute barred notwithstanding evidence it had been received by the court in time.

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Causation key to failure of lender's claim against solicitors

Published on 30 August 2012. By Jonathan Wyles, Legal Director

Causation was the key factor in the failure of a claim brought by mortgage lender Godiva, against its solicitors, Keepers Legal.

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Solicitors not under a duty to ensure that court staff issue in time

Published on 15 June 2012. By Laura Stocks, Senior Associate

This case Page v Hewetts Solicitors caused a stir back in November when the high court held that a claim form was statute barred notwithstanding evidence it had been received by the court in time.

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