Against a backdrop of increasing client account fraud, we consider the Commercial Court’s recent judgment on the meaning of “condoning” in the context of the fraud and dishonesty exclusion in a Solicitors’ Professional Indemnity Insurance policy. The decision also looked at issues of aggregation and sham partnership but these are not the focus of this article.
https://www.kennedyslaw.com/thought-leadership/case-review/2023/to-condone-or-not-to-condone-fraud-is-the-question/