000			01562cab a2200289 4500
001			X1682
008			090401t1994 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u18658
041			_aeng
245			_aNyckeln Finance Co Ltd v Stumpbrook Continuation Ltd
260			_c1994
350			_a0
490			_aEstates Gazette _v1994 33 EG 93-105
520			_aQBD 11 March 1994. Claim for damages against defendant surveyor for negligence in preparing a mortgage valuation report for plaintiff lender in 1989. The property was valued at £30.5m in 1989 and the property was resold in 1992 for £3.1m after the purchaser defaulted in 1990. Applied "Banque Bruxelles Lambert SA v Eagle Star Insurance" upholding the plaintiff`s claim that the valuation was the cause of his loss including that attributable to the collapse in the property market. Damages awarded included loss of interest paid by the plaintiff in borrowing to refinance the loan and out-of-pocket expenses. The plaintiff was deemed to be contributorily negligent to the extent of 20% of damages suffered by not properly satisfying himself as to the reliability of the valuation.
650			_aBANQUE BRUXELLES LAMBERT SA V EAGLE STAR INSURACE CO LTD
650			_aCONTRIBUTORY NEGLIGENCE
650			_aDAMAGES
650			_aFALLING MARKET
650			_aMARGIN OF ERROR
650			_aMORTGAGE VALUATION
650			_aNEGLIGENCE
650			_aRECESSION
650			_aVALUERS
690			_aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942			_n0
948			_c04/03/1997
999			_c12417 _d12417