VARIOUS partners in Bloxham stockbrokers are facing court claims for almost €10 million arising from allegedly negligent advice to invest in a bond that later fell by more than 97% in value.

THE main insurance body for solicitors in Ireland has claimed its ability effectively to indemnify solicitors has been affected by more than €8 million losses allegedly resulting from negligent advice by Bloxham Stockbrokers about investing in atotally unsuitable bond which fell 97% in value.