Last week, Nic Taggart had the privilege of addressing The Law Society’s Annual Property Conference 2018, giving a paper entitled, “Who Do You Think You Are Kidding? – Some Implications of Dreamvar”.
The paper explores the practical steps some conveyancers have adopted in light of the decision in P&P Property Ltd. v. Owen White and Catlin llp and Dreamvar (UK) Ltd. v. Mishcon de Reya llp  EWCA Civ 1082,  PNLR 29. The paper considers the trend for buyer’s solicitors to seek assurances, warranties or even undertakings from seller’s solicitors that they have undertaken the required identity checks of their client, and the countervailing trend for seller’s solicitors to meet such requests with differing versions of “get lost”.
Nic is a co-opted member of The Law Society’s Conveyancing and Land Law Committee which was tasked, amongst other things, with advising the Society on its intervention in the Dreamvar litigation and its subsequent response. The Law Society intervened in Dreamvar by way of written representations settled by David Holland QC. Nic is also a member of the Sub-Committee tasked with considering and amending (if necessary) The Law Society’s Code for Completion by Post in light of that decision.
Nic’s paper is available to download from the Property Litigation Association’s website and from the Landmark Chambers’ Resource Bank which can be found here.