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Summary of the HL judgment in South Australia Asset Management Corporation v York Montague Ltd, United Bank of Kuwait PLC v Prudential Property Services Ltd, Nykredit Mortgage Bank PLC v Edward Erdman Group Ltd

Summary of the HL judgment in South Australia Asset Management Corporation v York Montague Ltd, United Bank of Kuwait PLC v Prudential Property Services Ltd, Nykredit Mortgage Bank PLC v Edward Erdman Group Ltd - 1996 - Lovell White Durrant Case Summary 20 June 1996, (4) .

A summary of the House of Lords judgment in "South Australia Asset Management Corporation v York Montague, United Bank of Kuwait PLC v Prudential Property Services Ltd, Nykredit Mortgage Bank PLC v Edward Erdman Group Ltd" which reversed the CA decision that lenders who would not have lent if they had received an accurate valuation could recover the whole of their loss.

Subjects--Topical Terms:
FALLING MARKET
FALLING VALUES
NEGLIGENCE
NYKREDIT MORTGAGE BANK PLC V EDWARD ERDMAN GROUP LTD
SOUTH AUSTRALIA ASSET MANAGEMENT CORPORATION V YORK MONTAGUE
UNITED BANK OF KUWAIT PLC V PRUDENTIAL PROPERTY SERVICES LTD
VALUERS

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