Advised an individual who had left high value watches for repair and sale to a specialist watch and jewellery retailer. That retailer as an agent for the client failed to communicate with the client to either return the watches or confirm sale of the watches. This caused the owner loss of approximately £12,000.
Advice was provided in relation to breach of trust, as it appeared that the agent had secured the watches for his own benefit and made sale of the same without accounting to the client. This led to the individual owner of the retailer being made bankrupt for failure to repay monies based on his breach of trust.