Law360, London (January 8, 2020, 3:35 PM GMT) -- A financial adviser is out of pocket by £200,000 ($260,000) after a judge ruled Wednesday that he cannot recoup allegedly unpaid fees from insurer Aviva PLC after one of his clients dropped his business.
High Court Judge Mark Halliwell dismissed Richard Wales' legal fight in which he was demanding that the insurer return allegedly outstanding and unpaid fees in connection with advice he gave to a property management company to help it obtain pensions.
Wales earned commissions on premiums that the company, CBRE Managed Services Ltd., paid to Aviva, which issued its employees' pensions. He was forced to return money advanced...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!