Eversheds is facing a High Court professional negligence claim from property development company JMH Acquisitions.
The company has instructed Blackstones Solicitors’ senior partner Rajendra Mashru to pursue the firm for £200,000, which it claims was lost when Eversheds allegedly failed to adequately advise it on the purchase of an industrial unit in Bolton.
According to the claim form, the firm failed to check the existence of any public right of way that would affect the value of the property.
The company claims that after the property had been purchased, and the firm’s legal bill paid, it discovered a footpath running across the land. It contends the property would not have been bought if the firm had told it about the path.
JMH states that the value of the property fell sharply because of the path. As a result it claims it is owed £200,000 compensation, plus a refund of its legal costs.
The number of claims being pursued against firms has risen in the past six months as clients look to recoup losses spinning out of the recession.
Last month (The Lawyer, 31 July) Fladgate Fielder agreed to settle a £7.8m fraud claim brought against it by collapsed dotcom company Izodia.