A solicitor retained to defend a winding up application does not owe a duty to advise on the commercial utility of the defence unless the solicitor has assumed responsibility for such advice and the client relies on the solicitor for it. The content of a solicitor's duty to warn beyond the immediate retainer is governed by assumption of responsibility and reliance, not by a general obligation to provide 'holistic' advice.
The full text is available to signed-in members, including the 8 later cases that cite this judgment.
2 of the 8 citing cases carry a classified treatment. How each court treated it is available to signed-in members.