Real Estate Litigation to Rise

The Law Society Gazette has reported that research by Hogan Lovells suggests a ‘significant’ rise in litigation within the real estate market in 2011. The rise is expected to be in the area of professional negligence, but with landlord and tenant and insolvency cases also increasing. Hogan Lovells’ expects banks to contemplate professional negligence actions against surveyors and solicitors, in relation to valuation and defective documentation that have left banks less protected than they believe they should be.