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Solicitors go under after losing £1.35 million claim

Published 5 Dec 2009 11:00 Mobiles Print Comments 9 Comments

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A FIRM of Windsor solicitors has ceased trading after losing a £1.35 million negligence claim.

Willmett Solicitors, established in Windsor in 1946, went into administration following a case involving one of the partners who went missing in March.

Sixty jobs will be lost across the firm's four offices in Sheet Street, Windsor; Broadway, Maidenhead; Reading and Woodley.

Staff were informed on Monday (November 30) and a removals firm was clearing the Windsor office on Wednesday (December 2).

The collapse of the firm centres around former partner, Jonathan Gilbert, who worked from Woodley and went missing after he had acted for Guernsey-based Elegant Homes on a development site in Bray.

Elegant Homes (Guernsey) secured a £6m loan from Bank of Scotland using the land as a form of security.

The developer then sold two plots on the site to Thames Valley Housing Association (TVHA) for £975,000 and Willmett gave undertakings that the charges relating to the plots being used as security would be removed.

However, Mr Gilbert transferred ownership to Elegant Homes (Guernsey) without removing the charge. The housing association sued Elegant Homes (Guernsey) and Willmett for negligence and won its case last month.

Speaking in the High Court, Mr Justice Mann said: "The associations (both divisions of TVHA) are innocent in this matter. It is Willmetts who are at fault. One does, of course, have sympathy with the other partners in Willmett who seem, prime facie, to have been let down by Mr Gilbert, but there is no reason why the associations should be saddled with the consequences of that."

Nick Powe, a senior partner of the firm, said this week he did not know the wherabouts of Mr Gilbert.

On Wednesday, the office was closed with a notice on the door advising existing clients their cases were being transferred to other solicitors.

A remaining member of staff in the office said: "I've been told I can't say anything. Please leave now."

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