000			01316cab a2200217 4500
001			ABS44010
008			090401t1991 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u44746
041			_aeng
245			_aKnight and another v Lawrence
260			_c1991
350			_a0
490			_aEstates Gazette _v(1991) 01 EG 105-116(8)
520			_aChD 10 May 1990 Action by Mr and Mrs Knight (K) claiming against the defendant (L), damages for alleged negligence when acting as a receiver in respect of properties charged by K to the mortgagee for moneys borrowed. The negligence alleged was L`s failure to serve rent review notices on the tenants of the mortgaged properties within the time-limits laid down. As a result, when the mortgagees came to exercise their power of sale , the sale prices at auction were depressed because the rent al income had not increased in the absence of any rent review. K`s claim was that L as a receiver was under a duty of care to them and that he was in breach by failing to serve notices on time. ChD held that L was under such a duty and was in breach of it and had therefore been negligent.
650			_aBANKRUPTCY
650			_aCASE LAW
650			_aRECEIVERSHIP
690			_aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942			_n0
948			_c04/03/1997
999			_c28434 _d28434