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Richard Davidoff, of ABC Estates, ‘breached his fiduciary duties’ after disastrous performance as a court-appointed manager, rules property tribunal

By Sebastian O'Kelly on Aug 27, 2021 02:39 pm
Richard Davidoff, of ABC Estates, ‘breached his fiduciary duties’ after disastrous performance as a court-appointed manager, rules property tribunal

Leaseholders and freeholder united to fight inflated major works bills from court-appointed manager Richard Davidoff, who has been ordered to return tens of thousands of pounds

Major works bill ballooned from £10,000 to £100,000 without justification

Leaseholders and freehold owner unite to reclaim payments

The property tribunal ruling prompts formal complaint over ABC Estates to ARMA

Leaseholders who sought the protection of a section 24 court appointed manager were aghast when projected major works estimated at his appointment at £10,000 were revised upwards to nearly £100,000.

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