When a person is unable to pursue a claim against someone who has been made bankrupt on account of the bankruptcy having been discharged, it may still be possible to pursue the claim against the bankrupt’s insurers, following a recent ruling.
The case involved 12 claims for breach of trust against nine solicitors and a Mr Dixit Shah. It was brought by the Law Society and 19 of the various clients of the solicitors.
United Kingdom, Insolvency & Restructuring, Insurance, Litigation, DMH Stallard LLP, Bankruptcy, Debtor, Solicitor, Debt, Investment funds, Professional liability insurance, Bankruptcy discharge, Law Society of England and Wales