Swingcastle Ltd v Alastair Gibson (a firm)
Swingcastle Ltd v Alastair Gibson (a firm)
- 1991
- Estates Gazette (1991) 17 EG 83-88(5) .
HL 18 April 1991. The issue, clearly stated at the commencement of the case, was whether a high interest lender relying on a negligent valuation can, upon suffering loss, claim from the negligent valuer interest at the contractual rate, outstanding at the termination of their transaction. The Lords` decided in favour of the defendant valuer.
COMPENSATION
DAMAGES
NEGLIGENCE
Valuation
VALUERS
HL 18 April 1991. The issue, clearly stated at the commencement of the case, was whether a high interest lender relying on a negligent valuation can, upon suffering loss, claim from the negligent valuer interest at the contractual rate, outstanding at the termination of their transaction. The Lords` decided in favour of the defendant valuer.
COMPENSATION
DAMAGES
NEGLIGENCE
Valuation
VALUERS