Case news Keydon Estates v Eversheds
Language: English Series: Property Week ; 70(24) 17 June 2005, 70(1)Publication details: 2005Subject(s): Summary: Discusses the case "Keydon Estates v Eversheds" (L130059) where Evershed was found to have given negligent advice to its former client regarding a property bought as an investment. Eversheds failed to inform Keydon that the property had been sublet: if advised correctly, Keydon would not have bought the property. Eversheds accepted that it had acted negligently but Keydon disputed the level of damages that it should receive, arguing that the amount should reflect what the amount would have been if they had been advised correctly rather than just being compensation for the money lost. The court agreed that this flexible approach was required and awarded £500 000.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130170 (Browse shelf(Opens below)) | 1 | Available | 130170-1001 |
Discusses the case "Keydon Estates v Eversheds" (L130059) where Evershed was found to have given negligent advice to its former client regarding a property bought as an investment. Eversheds failed to inform Keydon that the property had been sublet: if advised correctly, Keydon would not have bought the property. Eversheds accepted that it had acted negligently but Keydon disputed the level of damages that it should receive, arguing that the amount should reflect what the amount would have been if they had been advised correctly rather than just being compensation for the money lost. The court agreed that this flexible approach was required and awarded £500 000.