Firm must pay professional negligence for property advice failures

7th July 2015 by

International law firm Bird & Bird has been told it must pay £1.8m in property solicitor professional negligence compensation as a result of its failure to inform a client of the development of property adjacent to the one it planned to purchase; a development which would have had a negative impact on the value of the purchased property.

The claimant, Orientfield Holdings Ltd, began the professional negligence claim in relation to its attempted purchase of a property in St John’s Wood, North London, for £25m.

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