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LLR: Professional Negligence

NATIONWIDE BUILDING SOCIETY v J R JONES (a firm)

[1999] Lloyd's Rep PN 414

CHANCERY DIVISION

Before Mr Justice Blackburne

Negligence - Solicitors acting for both lenders and borrowers - Failure by solicitors to report back to back nature of transaction and alleged direct payment of 31 per cent of the alleged purchase price - Whether negligent - Whether in breach of fiduciary duty - Whether contributory negligence on part of lender.

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