Unreasonable demands
Murdoch, J.
Unreasonable demands - 2003 - Estates Gazette (0324) 14 June 2003, 160(1) .
Discusses "Speshal Investments Ltd v Corby Kane Howard Partnership Ltd" ([2003] EWHC 390 (Ch), unreported) concerning a negligence claim between lender (S) and valuer (C). A lender can claim to have relied upon a negligent valuation even where that reliance is unreasonable. However, unreasonable reliance will amount to contributory negligence. In this instance, S's damages were reduced by 20% to take into account its responsibility for contributory negligence.
SPESHAL INVESTMENTS LTD V CORBY KANE HOWARD PARTNERSHIP LTD
CONTRIBUTORY NEGLIGENCE
Valuation
Unreasonable demands - 2003 - Estates Gazette (0324) 14 June 2003, 160(1) .
Discusses "Speshal Investments Ltd v Corby Kane Howard Partnership Ltd" ([2003] EWHC 390 (Ch), unreported) concerning a negligence claim between lender (S) and valuer (C). A lender can claim to have relied upon a negligent valuation even where that reliance is unreasonable. However, unreasonable reliance will amount to contributory negligence. In this instance, S's damages were reduced by 20% to take into account its responsibility for contributory negligence.
SPESHAL INVESTMENTS LTD V CORBY KANE HOWARD PARTNERSHIP LTD
CONTRIBUTORY NEGLIGENCE
Valuation