000 01413cab a2200313 4500
001 WB3104-36
008 090401t1995 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u75195
041 _aeng
245 _aNegligence: valuation
260 _c1995
350 _a0
490 _aEstates Gazette Case Summaries
_v(1995) EGCS 1 (21/1/95)
490 _aTimes
_v27 January 1995, p30(2)
520 _a"First National Commercial Bank plc v Humberts (a firm)" CA 13 January 1995. F lent £2.6m to a developer, securing the loan on a lease valued by H to be worth £4.4m on completion of the project. When the developer failed, the security proved insufficient and F contended the true valuation should have been £2.7m and that it would not have advanced the money on that basis. F claimed that H had been negligent and issued a writ. H argued successfully at the hight court that the writ was barred by limitation and F appealed. Appeal allowed.
650 _aFALLING MARKET
650 _aFIRST NATIONAL COMMERCIAL BANK PLC V HUMBERTS
650 _aLIMITATION ACT 1980 S14A
650 _aLIMITATION PERIOD
650 _aMEASURE OF DAMAGES
650 _aNEGLIGENCE
650 _aSECURITY
650 _aSWINGCASTLE V ALASTAIR GIBSON
650 _aVALUERS
690 _aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
690 _aRATING AND VALUATION
942 _n0
948 _c04/03/1997
999 _c47373
_d47373