Legal news: JMW; Pannone; Boote Edgar Esterkin
LAW firm JMW’s medical negligence team securing almost £19m in compensation for clients during April, representing its best-ever month.
The conclusion of three multi-million pound cases team at JMW to obtain a record monthly compensation figure of £18.8mn. The previous record month was £6.7m.
The cases involved serious injuries to children who were left with severe disabilities due to the negligence of hospital staff. The compensation will enable their families to provide the specialist care and equipment the children will require for the rest of their lives.
Eddie Jones, head of medical negligence at Manchester-based JMW, said: ““To achieve such success with three of the most complex and high-value cases we have worked on this financial year in the same month is an incredible accomplishment and will make a huge difference to the lives of the children involved.
“Our reputation for excellence in cases involving children who were left with severe disabilities because errors were made with their care means we are currently representing numerous children who have suffered such catastrophic failings.
“Our track record for achieving such exceptional results for our clients has seen our team go from strength-to-strength and achieve growth at a time when some personal injury law firms are struggling to compete.”
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PANNONE has helped set up an online early warning system for investors who may be at risk of losing their savings as more and more high risk investment funds begin to unravel.
It has launched a website, called Risk Warning which provides information on thousands of investment products and services and alerts users to potential issues facing both regulated and unregulated investment schemes.
In a joint venture with law firm Regulatory Legal, barristers No5 Chambers and accountants Frenkel Topping, Risk Warning gleans specialist information through contacts in the market and flags up early warning signs of potential problems. The team can them assist investors in helping them get their money back.
Recent years have seen thousands of investors lose everything after funds – many of which were sold as ‘low risk’ investments – have collapsed. High profile schemes include KeyData and Arch Cru.
Kit Sorrell, head of professional negligence at Pannone, said: “We want to see an end to bad products which have led to investors losing their life savings.
“Risk Warning is designed to give investors vital information about their investments and we believe that if firms are actively marketing products to investors then they should be help up to scrutiny.”
Many investors in these schemes were unwittingly and often illegally sold
Since its launch, Risk Warning has attracted more than 3,000 members which include both investors and Independent Financial Advisers. The site has a number of forums and groups for members to join where they can members can openly discuss the pros and cons of investments.
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BOOTE Edgar Esterkin, has launched a new legal advisory service to help those selling or buying a software company.
The new service will include legal due diligence and audit, preparation and review of sale or purchase agreements and advice on associated matters such as legal structure; commercial contracts including finance, intellectual property and technology; commercial property and employment law.
Phil Hitchen, head of the firm’s corporate and commercial department said: “The process of selling or buying a software company or any company that uses business critical software can be long, drawn out, complicated and involved.
“We believe this new service will benefit our clients by providing them with much-needed professional advice every step of the way.”
Boote Edgar Esterkin is working alongside leading global information assurance firm, NCC Group, which can assist with the software validation and verification throughout the sale or acquisition process, as well as business brokers – Andon Freres Corporate Brokers, specialists in the sale and acquisition of technology companies.
