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First National Commercial Bank plc v Humberts

Language: English Series: Estates Gazette ; (1995) 14 EG 140-142(3)Publication details: 1995Subject(s): Summary: CA 13 January 1995. The plaintiffs advanced a loan relying on a valuation, which they claimed was negligent. The appeal that the claim was within the limitation peirod under Limitation Act 1980 was allowed. The losses did not occur at the time of the loan as this advance was less than recoveries obtained. The losses accrued later within the limitation period.

CA 13 January 1995. The plaintiffs advanced a loan relying on a valuation, which they claimed was negligent. The appeal that the claim was within the limitation peirod under Limitation Act 1980 was allowed. The losses did not occur at the time of the loan as this advance was less than recoveries obtained. The losses accrued later within the limitation period.