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Valuers liability limited

Language: English Series: Times ; 24 June 1996, 41 | Daily Telegraph ; 24 June 1996, 27 | Estates Gazette ; 22 June 1996, 51(3)Publication details: 1996Subject(s): Summary: "South Australia Asset Management Corporation v York Montague Ltd", "United Bank of Kuwait plc v Prudential Property Services Ltd" and "Nykredit Mortgage Bank Ltd v Edward Erdman Group Ltd" HL 20 June 1996. Held that the valuers had been negligent in over-valuing but cannot be held liable for losses as a result of a fall in the property market, only for the difference between their figure and an accurate valuation at the time.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3225-34 (Browse shelf(Opens below)) 1 Available 40112-1001

"South Australia Asset Management Corporation v York Montague Ltd", "United Bank of Kuwait plc v Prudential Property Services Ltd" and "Nykredit Mortgage Bank Ltd v Edward Erdman Group Ltd" HL 20 June 1996. Held that the valuers had been negligent in over-valuing but cannot be held liable for losses as a result of a fall in the property market, only for the difference between their figure and an accurate valuation at the time.

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