Lloyds TSB Bank Plc v Markandin & Uddin (a firm)
Language: English Publication details: 2012Subject(s): Online resources: Summary: [2012] EWCA Civ 65, 9 February 2012. Confirms that defrauded lenders may be able to recover all their losses from their solicitors. Claimant T agreed to loan a Mr Davies £742 500 to be secured on a property. Defendant solicitors M acting for T did not realise that the loan was part of an elaborate fraud and paid the loan to the fraudsters. "Held": appeal upheld. M had been careless and T was entitled to full repayment of the loan.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 156845-2001 |
[2012] EWCA Civ 65, 9 February 2012. Confirms that defrauded lenders may be able to recover all their losses from their solicitors. Claimant T agreed to loan a Mr Davies £742 500 to be secured on a property. Defendant solicitors M acting for T did not realise that the loan was part of an elaborate fraud and paid the loan to the fraudsters. "Held": appeal upheld. M had been careless and T was entitled to full repayment of the loan.