In a High Court decision this week it was held that there is no general duty on a solicitor to check the credit status of the seller in a conveyancing transaction unless expressly instructed.
The judgment also provides a useful analysis of the extent to which a solicitor should advise a client regarding the risks of a particular transaction generally, not just in the context of conveyancing.
Facts
United Kingdom, Insolvency & Restructuring, Litigation, Womble Bond Dickinson (UK) LLP, Solicitor, Conveyancing