SJ Berwin decision expected

Judgment is expected later this year in a High Court damages claim over alleged negligent advice by solicitors SJ Berwin to pension trustees the Law Debenture Trust. The claim was over a lease-back scheme for 13 freehold factories. Under the scheme Burlington International Group Pension Scheme sold factories to Burlington Pension Trust and then leased them back. Receivers were later called in and the pension fund is said to have been exposed as a result of the scheme. Berwins are accused of failing to advise on dangers inherent in the scheme. In the hearing before Mr Justice Harman, Terence Etherton QC and Andrew Simmonds, instructed by Slaughter and May, acted for the plaintiffs.