Lawrence Graham is facing a claim of around £100,000 after being accused of professional negligence over advice it gave to a private client in 1997. The claim is brought by businessman Roberto Rivera and RR Bearer Ltd as a second claimant. Rivera is suing the firm over advice given in relation to tax, trust and company matters – in particular the establishment of the company RR Bearer – and two settlements established under trust deeds governed by Guernsey law. Both Lawrence Graham and Rivera declined to comment further at this stage.
First revealed on www.thelawyer.com, 14 April