A group of 71 investors are threatening to sue law firm ELS International Lawyers LLP over claims its predecessor firm European Legal Solutions SL gave negligent advice on Spanish property investments.
Law firm Regulatory Legal, on behalf of the investors, is pursuing ELS International Lawyers LLP for up to £2.8m in compensation as according to the Solicitors Regulatory Authority (SRA) it is the successor firm to European Legal Solutions SL. Regulatory Legal claims European Legal Solutions SL said it was offering impartial advice on Spanish property investments while at the same time being employed by the site promoters. Investors lost their money when the site developers went bust without the cover of legally required bank guarantees, which Regulatory Legal says European Legal Solu...
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