000 01739cab a2200349 4500
001 ABS52613
008 090401t1995 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u86541
041 _aeng
245 _aBanque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd and others
260 _c1995
350 _a0
490 _aEstates Gazette
_v(1995) 12 EG 144-156(13)
520 _aCA 20 February 1995. The plaintiff, with others in five associated cases, lent money secured by mortgages on the properties in question. When the mortgagees defaulted each plaintiff obtained possession, but, property values having fallen in the meantime, sold at a loss. Claims of negligence, or breach of duty, were brought against the plaintiffs` professional advisors at first instance, for overvaluation of the land. On appeal it was "held" that damages for losses resulting from falling market values were recoverable by the plaintiffs, given that the defendants` valuations were negligent.
650 _aBANQUE BRUXELLS LAMBERT SA V EAGLE STAR INSURANCE CO LTD
650 _aBNP MORTAGES LTD V GOADSBY & HARDING LTD
650 _aBNP MORTGAGES LTD V KEY SURVEYORS NATIONWIDE LTD
650 _aFALLING MARKET
650 _aFALLING VALUES
650 _aMARKET VALUE
650 _aMORTGAGE EXPRESS LTD V BOWERMAN & PARTNERS
650 _aNEGLIGENCE
650 _aNEGLIGENT VALUATION
650 _aNYKREDIT MORTGAGE BANK PLC V EDWARD ERDMAN GROUP LTD
650 _aOVER-VALUATION
650 _aUNITED BANK OF KUWAIT PLC V PRUDENTIAL PROPERTY SERVICES
650 _aVALUERS
690 _aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
690 _aRATING AND VALUATION-CASE LAW
942 _n0
948 _c04/03/1997
999 _c54475
_d54475