Warning for Property Investors

Giambrone & Law has failed in its challenge to a ruling that it was under a duty to warn property investors of the risks of investing in a part of Italy associated with organised crime. The Court of Appeal upheld Justice Foskett’s decision in July 2017 and the Supreme Court has now refused to hear a second appeal, saying “the application does not raise an arguable point of law”. Various Claimants v Giambrone and Law (A Firm) [2017] EWCA Civ 1193; [2018] P.N.L.R. 2 (CA (Civ Div)).