Nykredit Mortgage Bank plc v Edward Erdman Group Ltd (formerly Edward Erdman Unlimited Co.)
Language: English Series: New Property Cases ; (1997) NPC 165, (5)Publication details: 1997Subject(s): Summary: HL 27 November 1997. A negligent valuer who causes loss to a mortgagee will have to pay interest on the loss not simply from the date of the loan nor from the date of the judgment but from the date when the loss was sustained. A court has no jurisdiction to award damages on costs orders but an appeal court does have jurisdiction to award interest on repayable damages and costs arising from correcting the decisions of inferior courts. NB NO PHOTOCOPYING ALLOWED.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | X88124 (Browse shelf(Opens below)) | 1 | Available | 82507-1001 |
HL 27 November 1997. A negligent valuer who causes loss to a mortgagee will have to pay interest on the loss not simply from the date of the loan nor from the date of the judgment but from the date when the loss was sustained. A court has no jurisdiction to award damages on costs orders but an appeal court does have jurisdiction to award interest on repayable damages and costs arising from correcting the decisions of inferior courts. NB NO PHOTOCOPYING ALLOWED.