000 01286cab a2200253 4500
001 WB3325-46
008 090401t1997 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u79204
041 _aeng
245 _aNegligence
260 _c1997
350 _a0
490 _aEstates Gazette Case Summaries
_v[1997] EGCS 91 (21/06/97)
520 _a"Interallianz Finanz AG v Independent Insurance Co Ltd and others" QBD 5 June 1997. Prior to making a loan to a property company (X) to purchase a property, I obtained an open market valuation of the property from the fourth defendant, who valued the headlease at £29.6m. X fell into arrears and the property was sold for £17.25m. I made claims under the mortgage indemnity insurance policies but insurers did not meet the claims. Proceedings commenced against first, second and third defenders as insurers and the fourth defendant for negligent valuation. Judgment for the plaintiff.
650 _aHEADLEASE
650 _aINTERALLIANZ FINANZ AG V INDEPENDENT INSURANCE CO LTD AND OTHERS
650 _aMORTGAGE INDEMNITY INSURANCE
650 _aNEGLIGENT VALUATION
650 _aOPEN MARKET VALUE
650 _aSURVEYORS
690 _aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942 _n0
948 _c25/06/1997
999 _c49792
_d49792