Breaching a ‘commercial trust’

In AIB Group (UL) plc v Mark Redler & Co [2014] UKSC 58, the Supreme Court observed that the appellant bank sought to hold the respondent solicitors responsible for loss which would have occurred even if the solicitors had done what they were instructed to do. The bank duly lost. In an article, first published by the Solicitors Journal, Alison Padfield and Christopher Stone consider the Supreme Court decision.

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