Raja v Austin Gray
Series: Estates Gazette Case Summaries ; [2002] 33 EG 98 (CS)Publication details: 2002Subject(s): Online resources: Summary: [2002] EWHC 1607 (QB), 31 July 2002. Assets of finance company DFL were secured against moneys advanced to DFL by Midland Bank plc; these included 16 properties that had been taken as security for loans made by DFL to a property dealer (R). DFL was entitled to exercise a power of sale over the properties. Defendant firm (AG) carried out valuations and sold the properties. R complained they were sold at too low a value and started proceedings against AG. Court decided that AG did owe R a common law duty in contract and tort to the receivers who had instructed it (for CA decision see Abs66380). View judgement at www.courtservice.gov.uk.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | X119613 (Browse shelf(Opens below)) | 1 | Available | 119613-1001 |
[2002] EWHC 1607 (QB), 31 July 2002. Assets of finance company DFL were secured against moneys advanced to DFL by Midland Bank plc; these included 16 properties that had been taken as security for loans made by DFL to a property dealer (R). DFL was entitled to exercise a power of sale over the properties. Defendant firm (AG) carried out valuations and sold the properties. R complained they were sold at too low a value and started proceedings against AG. Court decided that AG did owe R a common law duty in contract and tort to the receivers who had instructed it (for CA decision see Abs66380). View judgement at www.courtservice.gov.uk.