A former shareholder at Arsenal Football Club, Lady Bracewell-Smith has issued a claim in the Commercial Court for professional negligence against her former solicitors Linklaters. She alleges that her solicitors gave negligent advice on loan notes she received as payment for her shares causing her to face a substantial tax bill. She claims that the firm failed to advise her properly on the tax she would incur as a UK citizen selling bonds situated outside of the UK.

The claim also states that but for the mistakes of Linklaters she would not have sold her Arsenal shares to Kroenke Sports Enterprises, the company controlled by US businessman Stan Kroenke who is now the club’s majority shareholder but rather would have sold them to Alisher Usmanov in 2011 or another shareholder, resulting in different leadership of the club.

The claim has evidently not been resolved through mediation or other forms of dispute resolution.

Suffering a financial or contractual dispute can have serious implications on your business. Our business solicitors will quickly and efficiently put your case together and act on your behalf. Call Shalish Mehta in our civil and commercial litigation department on 0161 624 6811 or email sm@wrigleyclaydon.com. We can advise you on the appropriate course of action and assist with any legal documents or proceedings that may occur.

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Vijay is the Senior Partner and heads up the Litigation team at Wrigley Claydon, where he has worked for over 30 years, amassing a wealth of experience. Many years ago, Vijay was appointed to the Law Society Personal Injury Solicitor Panel as a specialist in injury claims. This has led him to act in many high value injury claims and medical negligence cases. His experience in and knowledge of procedural matters and the interpretation of medico-legal reports and other expert evidence, combined with his friendly but professional approach, enable Vijay to provide a service to clients we believe is second to none. 
 Vijay advises both Corporate and Private clients on cost-effective ways of bringing and defending claims in the Courts. He has successfully acted on numerous large contractual claims and many disputed probate cases. Vijay has lived in Oldham most of his life. After graduating from Leeds University, he trained at Wrigley Claydon, where he soon became one of the youngest partners in the country. Vijay is happily married and has two children. He has served as a member of the Parochial Church Council at St. Paul’s Church and as a Founder Trustee of Emmaus Mossley takes a great interest in the local community. He is now the Chairman of Governors at the school (Oldham Hulme Grammar) where he was once the head boy. Vijay is also a Trustee of the nationally acclaimed Francis House Children's Hospice as well as being an Assessor in Oldham's "Dragon's Den".