Eversheds defends £100m Northern Rock claim over allegations of professional negligence

Eversheds is being sued by Northern Rock Asset Management (NRAM) over allegations of professional negligence, in a claim worth £100m.

The claim, filed by NRAM, is in relation to advice the law firm provided following a review of two annual statements for a ‘together loan’ – a combination of a secured mortgage and an unsecured loan at a single interest rate with one combined monthly payment.

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