What is an intervention?
An intervention is the act of closing down a firm of solicitors by the Solicitors Regulation Authority (SRA). The SRA has the statutory power, granted by Parliament, to do this in order to protect the interests of the clients and the public.
The SRA also takes possession of all files and monies held by the intervened firm. They use Intervention Agents, such as ourselves, to help with this process. Intervention Agents, however, do not continue the practice of the intervened firm.
Effectively this means the intervened firm is no longer able to act on behalf of its clients during the intervention. Instead, you must find a new firm of solicitors to act on your behalf as soon as possible.
A recent London arbitration decision has looked at how a receiver’s claim for the diminution in the value of a cargo, which arose solely because of the delay by a ship caused by the owners of the vessel, should be interpreted against the backdrop of the Inter-Club Agreement (ICA) wording.
The UK health & social care crisis continues as new Age UK research reports more than 77 deaths occur per day while awaiting care package.