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By John Hyde2021-04-13T06:14:00+01:00
A former solicitor who tried to sue a law firm that had acted for him over a disastrous multi-million-pound loan has been told by the court that the case must fail.
Paul Baxendale-Walker
In
Burleigh House (PTC) Ltd v Irwin Mitchell LLP Deputy Master Hill QC ruled that the firm s application for summary judgment was successful after arguing a contractual point about the initial retainer.
Burleigh House, a corporation domiciled in the British Virgin Islands brought the claim as purported assignee of Paul Baxendale-Walker. The former dual-qualified lawyer, struck off as a solicitor before moving into the adult film industry and buying Loaded magazine in 2012, had borrowed £3.865m in 2013 to re-mortgage Burleigh House, his Surrey mansion. But around 16 months later he stopped making payments under the loan and retained Irwin Mitchell to explore challenging the loan as in breach of consumer credit legislation.