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
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
- 1996
- Weekly Law Reports [1996] 3 WLR 87-104(18) .
HL 20 June 1996. Damages - measure of damages - surveyor`s report - plaintiff`s lending money on basis of surveyor`s negligent valuation - subsequent general fall in property market and default by borrowers in repayment of loans - plaintiffs obtaining possession and selling properties at price below valuation - whether loss attributable to market fall recoverable. (HEADNOTE FROM JOURNAL)
FALLING MARKET
FALLING VALUES
NEGLIGENCE
NYKREDIT MORTGAGE BANK PLC V EDWARD ERDMAN GROUP
SOUTH AUSTRALIA ASSET MANAGEMENT CORPORATION V YORK MONTAGUE
UNITED BANK OF KUWAIT PLC V PRUDENTIAL PROPERTY SERVICES LTD
VALUERS
HL 20 June 1996. Damages - measure of damages - surveyor`s report - plaintiff`s lending money on basis of surveyor`s negligent valuation - subsequent general fall in property market and default by borrowers in repayment of loans - plaintiffs obtaining possession and selling properties at price below valuation - whether loss attributable to market fall recoverable. (HEADNOTE FROM JOURNAL)
FALLING MARKET
FALLING VALUES
NEGLIGENCE
NYKREDIT MORTGAGE BANK PLC V EDWARD ERDMAN GROUP
SOUTH AUSTRALIA ASSET MANAGEMENT CORPORATION V YORK MONTAGUE
UNITED BANK OF KUWAIT PLC V PRUDENTIAL PROPERTY SERVICES LTD
VALUERS