A former adviser with IFA Chancery Asset Management has awarded a judgement against the firm over unpaid remuneration he claims it owes him.
Chris Herbert was awarded £5,313.40 to recover his costs over five failed investment home loans. The amount totals three times the amount Herbert claimed.
The solicitors for Chancery Asset Management are now asking for the judgement to be set aside because the lawyers say they have real prospects of successfully defending the claim.
Herbert says: “If they had such a good defence why did they not present it before? I am now in the absurd position that I have judgement from the Court but I must still go to the Court and fight the case.”