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Compensation for investors in holiday development

Compensation for investors in holiday development

Case study

Claims against solicitors vary hugely. Typically they involve property transactions that have gone wrong but we also deal with many cases of failed litigation and errors in drawing up legal documentation.

A recent case involved Meade King acting for 20 people who had each bought into a holiday apartment development abroad. The solicitors instructed had failed to advise that the developer could transfer its obligations to build the development to another company. The developer did transfer its obligations to a worthless foreign-based company that failed to build the development. Following firm action from us including starting court proceedings the solicitors' insurers agreed to pay £800,000 in relation to lost deposits. The solicitor's initially denied all liability but paid up when faced with the prospect of a trial.

If you would like to speak to one of our expert professional negligence lawyers about bringing a claim against a solicitor, please call us on 0117 926 4121 or make a free enquiry online.