Blog: Dreamvar, the continuing nightmare for PI insurers?
Solicitors and their professional indemnity insurers are in effect underwriting the legitimacy of property transactions on a strict liability basis, following a recent court decision analysed by Phil Murrin, partner at DAC Beachcroft.
If fraudsters pose as sellers of properties they don’t actually own and then disappear with the proceeds before the frauds are spotted, who should bear the risk? Is it a risk of the transaction which
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