Professionals owe a duty of care to their clients. When a professional acts or provides services in a manner which falls below this duty of care, the results can be costly and can cause huge disruption. When a professional breaches the duty of care expected of them, and a client suffers loss as a consequence of this breach, this is known as professional negligence.
Name of client: Begbies Traynor Scotland LLP
Alba were asked to consider pursuing an action against a professional firm for services provided to a company prior to its insolvency. On a review of the case, it appeared that the firm had been engaged in fraudulent activity, resulting in the company sustaining a substantial loss.
Alba Claims engaged the client on an agreed percentage fee, and the panel solicitors then pursued the claim through the courts. The panel firm used the services of its in-house solicitor-advocate team, and a settlement was reached shortly before the case was due to be heard in court. The insolvency practitioner was delighted with the outcome.
Without a no win no fee proposition, this case simply could not have been pursued. There were insufficient funds in the liquidation to commence proceedings on a conventional ‘hourly rate’ basis. The Alba proposition unlocked a six figure sum for the benefit of creditors.
“I have used Alba Claims a number of times and will not hesitate to use them again. Their involvement has always produced tangible results, and this case is a great example of that.”
Choose Alba Claims
Alba Claims have relationships with expert professional negligence lawyers** who are based in Glasgow and Edinburgh but are able to represent and advise clients in any part of Scotland.
Alba Claims was established to allow business owners and companies to pursue commercial and professional negligence claims on a no win, no fee* basis. Our unique no win, no fee* funding model means that you do not have to worry about paying legal fees on an on-going basis.
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