Negligence
Negligence
- 1996
- Estates Gazette Case Summaries (1996) EGCS 198 (14/12/96) .
"Costa v Gentra Ltd" CA 28 November 1996. New evidence did not show that there had been a negligent sale at undervalue. The agents had marketed the property in a way that would have obtained the best market price. Also, there was no evidence of a promise by the defendant to lend the plaintiff £500,000. Guarantors appeal dismissed.
COSTA V GENTRA
FORCED SALE VALUE
NEGLIGENCE
OPEN MARKET VALUE
PROPERTY SALE
RECEIVERS
"Costa v Gentra Ltd" CA 28 November 1996. New evidence did not show that there had been a negligent sale at undervalue. The agents had marketed the property in a way that would have obtained the best market price. Also, there was no evidence of a promise by the defendant to lend the plaintiff £500,000. Guarantors appeal dismissed.
COSTA V GENTRA
FORCED SALE VALUE
NEGLIGENCE
OPEN MARKET VALUE
PROPERTY SALE
RECEIVERS