Portman Building Society v Bevan Ashford (a firm) and others (Record no. 62687)

MARC details
000 -LEADER
fixed length control field 01980cam a2200229 4500
001 - CONTROL NUMBER
control field ABS61995
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 000000n2000 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u104484
245 ## - TITLE STATEMENT
Title Portman Building Society v Bevan Ashford (a firm) and others
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2000
490 ## - SERIES STATEMENT
Series statement Estates Gazette
Volume/sequential designation 07 [2000] EG 131-138(8)
520 ## - SUMMARY, ETC.
Summary, etc. In July 1990 Mr and Mrs G acquired a property for £218,000 with a 75% loan provided by a predecessor in title of the Portman Building Society (P) and secured by mortgage. The balance of £50,000 was met by a second charge in favour of the vendor. A partner of the first defendant firm of solicitors (B) acted for the vendor and a second solicitor in the same firm acted for the purchasers and the building society. The purchasers defaulted on repayments. P recovered possession of the property and sold it for £110,000. P brought proceedings against the solicitor for breach of retainer, negligence, breach of fiduciary duty and breach of trust, in particular that the solicitor failed to inform them that Mr and Mrs G were taking out a second mortgage. Longmore J held that the solicitor was also liable in respect of the partner acting for the vendor as he did so contrary to P's standing instructions. He decided that if P had known the true facts it would not have given them a loan, P was therefore entitled to recover the whole of its loss. The first defendant appealed on the grounds that; damages should have been assessed as at the date when the cause of action arose; the measure of damages should only be nominal; credit should be given for the proceeds of a mortgage indemnity guarantee policy. Appeal dismissed.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PORTMAN BUILDING SOCIETY V BEVAN ASHFORD (A FIRM) AND OTHERS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element NEGLIGENCE
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element FRAUD
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MEASURE OF DAMAGES
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element SOLICITORS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MORTGAGES
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROFESSIONAL PRACTICE-NEGLIGENCE-CASE LAW
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 29/02/2000   ABS61995 104484-1001 06/08/2019 1 06/08/2019 Law report