I wondered if anyone here has tried to obtain client funds from a practice that has been closed by the SRA? We have been instructed to complete a matter where the closed firm held client funds, however we so far have been unable to get information as to where the client funds went.
Both the firm that took the file into safe keeping and the SRA helpdesk have advised us to apply to the Compensation Fund, which just doesn’t seem to be correct. We are not claiming negligence on this matter, and just need the client funds returned to finalise the estate administration.
If anyone else has had dealing with this then I would be grateful for a nudge in the right direction.
Many thanks,
Ashley