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Summary of the HL judgment in South Australia Asset Management Corporation v York Montague Ltd, United Bank of Kuwait PLC v Prudential Property Services Ltd, Nykredit Mortgage Bank PLC v Edward Erdman Group Ltd

Language: English Series: Lovell White Durrant Case Summary ; 20 June 1996, (4)Publication details: 1996Subject(s): Summary: A summary of the House of Lords judgment in "South Australia Asset Management Corporation v York Montague, United Bank of Kuwait PLC v Prudential Property Services Ltd, Nykredit Mortgage Bank PLC v Edward Erdman Group Ltd" which reversed the CA decision that lenders who would not have lent if they had received an accurate valuation could recover the whole of their loss.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS55413 (Browse shelf(Opens below)) 1 Available 16266-1001

A summary of the House of Lords judgment in "South Australia Asset Management Corporation v York Montague, United Bank of Kuwait PLC v Prudential Property Services Ltd, Nykredit Mortgage Bank PLC v Edward Erdman Group Ltd" which reversed the CA decision that lenders who would not have lent if they had received an accurate valuation could recover the whole of their loss.