Damages
Language: English Series: Estates Gazette Case Summaries ; [1997] EGCS 112 (19/07/1997)Publication details: 1997Subject(s): Summary: "Midland Bank plc v Douglas Allen", QBD 4 July 1997. M granted further loan facilities following gross over-valuation of a factory. M learned that trading had been bad after pressing unsuccessfully for execution of the mortgage. M`s receivers sold factory at a substantial loss. D claimed M contributorily negligent for approving loan facilities. "Held" award should be reduced by 30%.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | WB3329-50 (Browse shelf(Opens below)) | 1 | Available | 79798-1001 |
"Midland Bank plc v Douglas Allen", QBD 4 July 1997. M granted further loan facilities following gross over-valuation of a factory. M learned that trading had been bad after pressing unsuccessfully for execution of the mortgage. M`s receivers sold factory at a substantial loss. D claimed M contributorily negligent for approving loan facilities. "Held" award should be reduced by 30%.