Insurers Sue EC3 Legal Over Botched Property Lease

Law360, London (February 26, 2019, 8:50 PM GMT) -- Two insurance brokers are suing their law firm EC3 Legal for damages over the firm’s handling of a break clause agreement in their property lease, which was wrongly served to their landlord in 2017 and has resulted in them being stuck paying rent for another four years.

Integro Insurance Brokers Ltd. and Robertson Taylor Insurance Brokers Ltd. have accused the law firm of breach of contract and negligence, after it failed to validly serve their property managers, Sackville UK Property, with a notice that would have allowed them to walk away from their annual £219,575 ($286,739) lease.

The lease is for...

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