Lender to bear negligence loss
Lender to bear negligence loss
- 1994
- Financial Times 22 March 1994, 16(1) .
In the case of "Nyckeln Finance v Stumpbrook", it was ruled that a lender`s capital loss, when derived from an inaccurate valuation, cannot be recovered from a negligent valuer.
BANQUE BRUXELLES LAMBERT V EAGLE STAR
DAMAGES
MARKET VALUE
NEGLIGENCE
VALUERS
In the case of "Nyckeln Finance v Stumpbrook", it was ruled that a lender`s capital loss, when derived from an inaccurate valuation, cannot be recovered from a negligent valuer.
BANQUE BRUXELLES LAMBERT V EAGLE STAR
DAMAGES
MARKET VALUE
NEGLIGENCE
VALUERS