The Solicitors Regulation Authority (SRA) has warned of a growing number of investment scams using law firms as middlemen. Two solicitors have been prosecuted in the past fortnight, one of whom was struck off. The SRA has now published advice for the public on investing in schemes such as carbon credits trading, leases of hotel rooms, and diamond trading, where the public is told their money is covered by the law firm’s insurance. If the solicitor is helping a scam then the insurer may refuse to pay out.
07 December 2016
SRA warning over investment scams using law firms
MOVERS & SHAKERS
Haynes Boone—Jeremy Cross
Firm strengthens global fund finance practice with London partner hire.
DWF—Stephen Webb
Partner and head of national planning team appointed
mfg Solicitors—Nick Little
Corporate team expands in Birmingham with partner hire
NEWS
The High Court’s refusal to recognise a prolific sperm donor as a child’s legal parent has highlighted the risks of informal conception arrangements, according to Liam Hurren, associate at Kingsley Napley, in NLJ this week
The Court of Appeal’s decision in Mazur may have settled questions around litigation supervision, but the profession should not simply ‘move on’, argues Jennifer Coupland, CEO of CILEX, in this week's NLJ
A simple phrase like ‘subject to references’ may not protect employers as much as they think. Writing in NLJ this week, Ian Smith, barrister and emeritus professor of employment law at UEA, analyses recent employment cases showing how conditional job offers can still create binding contracts
An engagement ring may symbolise romance, but the courts remain decidedly practical about who keeps it after a split, writes Mark Pawlowski, barrister and professor emeritus of property law at the University of Greenwich, in this week's NLJ
Medical reporting organisation fees have become ‘the final battleground’ in modern costs litigation, says Kris Kilsby, costs lawyer at Peak Costs and council member of the Association of Costs Lawyers, in this week's NLJ
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