Pickersgill v Riley - The Duty to Advise on Commercial Issues

United Kingdom Law Articles in English (2004)

- Barlow Lyde & Gilbert

Permanent Link: http://vlex.co.uk/vid/29351903
Id. vLex: VLEX-29351903

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Headnotes:

Commercial
Litigation
Arbitration and Dispute Resolution
Commercial Law

Extract:

Pickersgill v Riley - The Duty to Advise on Commercial Issues

We live in an increasingly litigious society; when things go wrong, invariably people look for someone to blame and more often than not they turn their attention to their solicitors and their professional indemnity insurers. The recent Privy Council decision in Pickersgill v Riley (2004) illustrates the court's reluctance to impose on solicitors duties to advise on commercial aspects of a transaction so as to protect the client from his own commercial misjudgement.

THE DECISION IN PICKERSGILL

Mr Pickersgill was a ...

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