AP v RE LCRO 322/2012 (22 August 2014) [pdf, 58 KB]
...was in a position to release the e- dealing) gave him adequate protection. That submission does not affect in any way the fact that Mr RE was not in a position to fulfil his undertaking until the other two sales settled. Mr AP may have prudently protected himself, but it is Mr RE’s undertaking which is under scrutiny. [35] To give such an undertaking without advising Mr AP of the facts potentially constitutes unsatisfactory conduct by reason of s 12(b)(ii) of the Lawyers and Co...