Linklaters has staved off paying out a $55m (£37m) negligence claim - one of the largest made against a UK law firm in recent years - having instead to pay out £5 in nominal damages to telecoms company Levicom. In the judgment, handed down in the Royal Courts of Justice today (21 April), Mr Justice Andrew Smith ruled that, despite finding Linklaters' early advice to the claimant was expressed negligently, it did not bear any loss to the client and therefore awarded nominal damages of just £5.On all other issues, Smith found Linklaters had not acted negligently.
April 22, 2009 at 08:25 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters has staved off paying out a $55m (£37m) negligence claim – one of the largest made against a UK law firm in recent years – having instead to pay out £5 in nominal damages to telecoms company Levicom.
In the judgment, handed down in the Royal Courts of Justice today (21 April), Mr Justice Andrew Smith ruled that, despite finding Linklaters’ early advice to the claimant was expressed negligently, it did not bear any loss to the client and therefore awarded nominal damages of just £5.
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