First National Commercial Bank plc v Humberts
First National Commercial Bank plc v Humberts
- 1995
- Estates Gazette (1995) 14 EG 140-142(3) .
CA 13 January 1995. The plaintiffs advanced a loan relying on a valuation, which they claimed was negligent. The appeal that the claim was within the limitation peirod under Limitation Act 1980 was allowed. The losses did not occur at the time of the loan as this advance was less than recoveries obtained. The losses accrued later within the limitation period.
LIMITATION ACT 1980 S14A
LIMITATION ACT 1980
LIMITATION PERIOD
NEGLIGENCE
OVER-VALUATION
STATUTE-BARRED
SWINGCASTLE V ALASTAIR GIBSON
TORT
VALUERS
CA 13 January 1995. The plaintiffs advanced a loan relying on a valuation, which they claimed was negligent. The appeal that the claim was within the limitation peirod under Limitation Act 1980 was allowed. The losses did not occur at the time of the loan as this advance was less than recoveries obtained. The losses accrued later within the limitation period.
LIMITATION ACT 1980 S14A
LIMITATION ACT 1980
LIMITATION PERIOD
NEGLIGENCE
OVER-VALUATION
STATUTE-BARRED
SWINGCASTLE V ALASTAIR GIBSON
TORT
VALUERS