LLR: Insurance & Reinsurance

John Lockey KC and Professor Robert Merkin KC

Document

PICKERSGILL v RILEY

[2004] Lloyd's Rep IR 795

PRIVY COUNCIL

Before Lord Nicholls, Lord Hoffmann, Lord Hope, Lord Scott and Baroness Hale

Professional negligence - Solicitor - Client guaranteeing rent payable under a lease - Indemnity granted to client by third party - No investigation undertaken into assets of third party - Client becoming liable under the guarantee but unable to recover from third party as it possessed no assets - Whether solicitor owed duty of care to client.

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