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Life after BBL - two conflicting judgments

By: Language: English Series: Estates Gazette ; (9430) 30 July 1994, 100-101(2)Publication details: 1994Subject(s): Summary: Discusses the "Banque Bruxelles Lambert v Eagle Star Insurance Co Ltd" and "United Bank of Kuwait v Prudential Property Services Ltd", both of which concerned the recovery of losses by lenders following negligent overvaluations. The difference in the decisions appears to rest on a contract between the lender and the valuer in the Kuwait case.

Discusses the "Banque Bruxelles Lambert v Eagle Star Insurance Co Ltd" and "United Bank of Kuwait v Prudential Property Services Ltd", both of which concerned the recovery of losses by lenders following negligent overvaluations. The difference in the decisions appears to rest on a contract between the lender and the valuer in the Kuwait case.