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Professional Negligence News


Marex Supreme Court Judgment on the rule against ‘reflective loss’ handed down 15 July 2020

Sevilleja v Marex Financial Ltd [2020] UKSC 31 (15 July 2020) https://www.supremecourt.uk/cases/uksc-2018-0178.html Press summary from the Supreme Court 15 July 2020 Sevilleja (Respondent) v Marex Financial Ltd (Appellant) [2020] UKSC 31 On appeal from [2018] EWCA Civ 1468 JUSTICES: Lady Hale, Lord Reed, Lord Hodge, Lady Black, Lord Lloyd-Jones, Lord Kitchin, Lord Sales BACKGROUND TO

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Risk of fraud heightened by aspects of current working life – Checks & Balances are critical in the Covid-19 Era – by Phil Crooks Managing Director of BRG

The severe economic and social impacts of CODID-19 have increased the likelihood of fraud in relation not just to government assistance schemes where false claims could be made, but also the risks faced by companies and other organisations that may be subject to fraud as a result of the new working environment. Read more here

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Guidance on responsible contractual behaviour in the performance and enforcement of contracts impacted by the Covid-19 emergency 7 May 2020

The Government says:  ‘It is recognised in particular that disputes, especially a “plethora of disputes”, can be destructive to good contractual outcomes and the effective operation of markets. Further to paragraphs 15(m) and 15(n), the Government would strongly encourage parties to seek to resolve any emerging contractual issues responsibly – through negotiation, mediation or other

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Coronavirus: Talks ongoing over wills witness requirements

The Law Society and the Ministry of Justice are discussing ways to deformalise the signing of wills and to make it quicker to register for lasting powers of attorney. Currently a will must be signed by the testator and two independent witnesses. Link to Law Society Gazette Article

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Coronavirus – Am I Covered? Part 2 – Trade Credit, Political Risk, Environmental Risk, Product Recall, Product Liability, D&O, and EL & PL by Aaron Le Marquer of Fenchurch Law

https://www.pnla.org.uk/news/  Coronavirus – Am I Covered? A Roadmap to Recovery for Policyholders Part 2 – Trade Credit, Political Risk, Environmental Risk, Product Recall, Product Liability, D&O and Public & Employers’ Liability Part 1 of this review examined the availability – or otherwise – of cover for losses under Business Interruption and Event Cancellation insurance. With the

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Coronavirus – Am I Covered? Part 1 – Business Interruption and Event Cancellation by Aaron Le Marquer of Fenchurch Law

  Coronavirus – Am I Covered? A Roadmap to Recovery for Policyholders   Part 1 – Business Interruption and Event Cancellation As the spread of COVID-19 gathers pace, there is increasing concern over not just the potential public health impact, but the financial consequences anticipated by businesses within all sectors. Containment measures implemented by public

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