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A firm of solicitors advised the administrative receivers of a company in relation to the sale of the company's assets and business, including a potential damages claim to a third party assignee. It appeared that the assignee recovered more on the damages claim than the solicitors had advised were recoverable. The company issued proceedings against the solicitors in respect of the advice. Hildyard J granted the solicitors summary judgment on the claim. The company had no contractual claim against the solicitors (the retainer having been with the receivers) and no duty of care was owed in tort by the solicitors to the company.
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