Examples of some of our work.
Ranked in Band 1 in both the Legal 500 Cripps and Chambers and Partners, our specialist professional negligence team are experts in acting for claimants in professional negligence actions.
Our team have developed unique experience in group action litigation particularly acting for investors who have lost money due to failed or high risk or fraudulent investment schemes or products.
Property investment schemes
In recent years the property market has become inundated with high risk, speculative property investment schemes. These schemes can range from off-plan residential developments, to student accommodation developments, hotel and care home lease-back schemes.
A common feature of many of these schemes is that the investors are referred to a conveyancing lawyer by the developers to deal with the transaction on their behalf. We have discovered that often the conveyancers have failed to advise their clients comprehensively on the legal risks of the schemes leading to investors ploughing money into highly risky (and often fraudulent) investment schemes without fully understanding the risks.
Cripps have used their detailed knowledge of the financial services legislation and in depth experience in professional negligence law to successfully recover funds for clients by bringing claims against their conveyancers for failing to comply with the duty of care owed to their clients.
Other investment schemes
While the property market has seen a surge in high-risk investment schemes, it's not just the residential sector that's been affected. A variety of investment products have emerged, often with hidden dangers.
From mini-bonds to mobile homes and holiday lodges, these schemes can lead to significant financial losses for unsuspecting investors. Many of these cases involve complex legal questions, such as whether certain activities are regulated under financial services law or who actually owns a particular asset.
Cripps has a proven track record in handling these intricate matters. Our team of experts is dedicated to protecting investors' rights and seeking compensation for losses suffered due to mis-selling, fraud or other legal issue.