‘Implications across the board’: Supreme Court clarifies professional negligence rules in landmark BPE Solicitors case

City partners have reacted positively to a Supreme Court ruling which found a firm was not responsible for the entire costs of a client’s failed property transaction.

In the case, Peter Hughes-Holland, trustee on behalf of adjudicated bankrupt Richard Gabriel, claimed BPE Solicitors owed him damages amounting to roughly £200,000 for negligent advice for the purchase of a disused heating tower in Gloucestershire.