Negligence: valuation
Language: English Series: Estates Gazette Case Summaries ; (1995) EGCS 1 (21/1/95) | Times ; 27 January 1995, p30(2)Publication details: 1995Subject(s): Summary: "First National Commercial Bank plc v Humberts (a firm)" CA 13 January 1995. F lent £2.6m to a developer, securing the loan on a lease valued by H to be worth £4.4m on completion of the project. When the developer failed, the security proved insufficient and F contended the true valuation should have been £2.7m and that it would not have advanced the money on that basis. F claimed that H had been negligent and issued a writ. H argued successfully at the hight court that the writ was barred by limitation and F appealed. Appeal allowed.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | WB3104-36 (Browse shelf(Opens below)) | 1 | Available | 75195-1001 |
"First National Commercial Bank plc v Humberts (a firm)" CA 13 January 1995. F lent £2.6m to a developer, securing the loan on a lease valued by H to be worth £4.4m on completion of the project. When the developer failed, the security proved insufficient and F contended the true valuation should have been £2.7m and that it would not have advanced the money on that basis. F claimed that H had been negligent and issued a writ. H argued successfully at the hight court that the writ was barred by limitation and F appealed. Appeal allowed.