000 02352cam a2200313 4500
001 ABS67861
008 040602n2004 000 0 eng u
035 _a(Sirsi) u126383
245 _aMontlake and others (as trustees of WASPS Football Club) v Lambert Smith Hampton Group Ltd and another
260 _c2004
490 _aEstates Gazette
_v[2004] 20 EG 167 (CS) 167(1)
520 _a[2004] EWHC 938 (Comm), 6 May 2004. Claimants (M) brought a damages action against defendant (L) for breach of contract and negligence in respect of L's valuation of the club's ground in 1996, a valuation obtained prior to the transfer of the club's assets and liabilities to L plc who subsequently sold the ground with outline planning permission for considerably more than the original valuation. M claimed that L's 1996 valuation had been negligent because L had failed to carry out proper planning enquiries and consequently substantially undervalued the property. L conceded shortly before trial that the valuation should have been on an open market not depreciated replacement cost basis. M argued that if they had been properly advised they would have retained the ground and sold it at a higher price later. "Held": claim allowed. L was in breach of its duty to M by failing to address the planning prospects for the grounds at the valuation date. M was entitled to damages representing the difference between the true valuation and the actual valuation together with interest. View judgment at www.bailii.org.
590 _aABS
590 _aABS
650 _aDEPRECIATED REPLACEMENT COST
650 _aOPEN MARKET VALUE
650 _aDUTY OF CARE
650 _aCOUNTY PERSONNEL (EMPLOYMENT AGENCY) LTD V ALAN R PULVER AND CO
650 _aSMITH NEW COURT SECURITIES LTD V SCRIMGEOUR VICKERS (ASSET MANAGEMENT) LTD AND ANOTHER
650 _aOUTLINE PLANNING PERMISSION
650 _aSURVEYORS
650 _aVALUERS
650 _aNEGLIGENT VALUATION
650 _aWASPS FOOTBALL CLUB'S TRUSTEES V LAMBERT SMITH HAMPTON GROUP LTD AND ANOTHER
690 _aPROFESSIONAL PRACTICE-NEGLIGENCE-CASE LAW
856 _uhttps://www.bailii.org/ew/cases/EWHC/Comm/2004/938.html
_zView judgment on the BAILII websiteƯ
856 _uhttps://www.bailii.org/ew/cases/EWHC/Comm/2004/938.html
_zView judgment on the BAILII websiteƯ
942 _n0
999 _c117452
_d117452