Unreasonable demands
Series: Estates Gazette ; (0324) 14 June 2003, 160(1)Publication details: 2003Subject(s): Summary: Discusses "Speshal Investments Ltd v Corby Kane Howard Partnership Ltd" ([2003] EWHC 390 (Ch), unreported) concerning a negligence claim between lender (S) and valuer (C). A lender can claim to have relied upon a negligent valuation even where that reliance is unreasonable. However, unreasonable reliance will amount to contributory negligence. In this instance, S's damages were reduced by 20% to take into account its responsibility for contributory negligence.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS66856 (Browse shelf(Opens below)) | 1 | Available | 122787-1001 |
Discusses "Speshal Investments Ltd v Corby Kane Howard Partnership Ltd" ([2003] EWHC 390 (Ch), unreported) concerning a negligence claim between lender (S) and valuer (C). A lender can claim to have relied upon a negligent valuation even where that reliance is unreasonable. However, unreasonable reliance will amount to contributory negligence. In this instance, S's damages were reduced by 20% to take into account its responsibility for contributory negligence.