LLB197 Lecture Notes - Lecture 6: Professional Liability Insurance, Professional Negligence In English Law, Fiduciary
Document Summary
Professional indemnity insurance: protection against a possible claim for professional negligence, all jurisdictions make the insurance compulsory in order to obtain or renew a practicing certificate. Facts: in 1982, the o"briens engaged the services of mr eliades for legal advice and to assist them in obtaining finance for the purchase of a house. The lawyer calculated projections of mortgage repayments to meet citicorps guidelines and assisted them with the finance application. In 1984, the o"briens were unable to make the repayments based on the lawyers faulty financial advice. Bryson j found that there was a negligent omission by. Eliades of the performance of his professional duty, and declared the finance agreement and mortgage void. Facts: applicant alleged he was poorly advised and pressured to plead guilty to rape at his committal hearing. He changed his plea at trial and was found guilty, quashed on appeal.