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John D Wood Commercial in liquidation

Language: English Series: Estates Gazette ; (9406) 12 February 1994, 27(1)Publication details: 1994Subject(s): Summary: John D Wood Commercial has gone into voluntary liquidation. Banque Bruxelles Lambert and Eagle Star are unlikely to recover the £16m damages awarded by the High Court for a negligent valuation. Banque Bruxelles Lambert and Eagle Star may now claim against JDW Commercial`s professional indemnity insurers Zurich Insurance under the Third Party Rights Act 1930.

John D Wood Commercial has gone into voluntary liquidation. Banque Bruxelles Lambert and Eagle Star are unlikely to recover the £16m damages awarded by the High Court for a negligent valuation. Banque Bruxelles Lambert and Eagle Star may now claim against JDW Commercial`s professional indemnity insurers Zurich Insurance under the Third Party Rights Act 1930.