N M Rothschild & Sons Ltd and others v Berenson and others
N M Rothschild & Sons Ltd and others v Berenson and others
- 1995
- New Property Cases 1995 NPC 107 .
ChD 22 June 1995. Solicitors acting for a lender which was obtaining its funds from a consortium of banks, are heldnot liable to the banks for losses caused when a particular laon fails, allegedly because of their negligence. Duties owed to banks in consortium behind `front bank` considered. N.B. NOT TO BE PHOTOCOPIED.
BRIDGING LOANS
DUTY OF CARE
LOAN FAILURE
ChD 22 June 1995. Solicitors acting for a lender which was obtaining its funds from a consortium of banks, are heldnot liable to the banks for losses caused when a particular laon fails, allegedly because of their negligence. Duties owed to banks in consortium behind `front bank` considered. N.B. NOT TO BE PHOTOCOPIED.
BRIDGING LOANS
DUTY OF CARE
LOAN FAILURE