000 01132cab a2200205 4500
001 X84604
008 090401t1997 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u98503
041 _aeng
245 _aInterallianz Finanz AG v Independent Insurance
260 _c1997
350 _a0
490 _aNew Property Cases
_v1997 NPC 89
520 _aA valuer in reaching a valuation has a duty to make such enquiries as would bring any recent sale of property to his attention. A principal however, who has a duty to make inquiry, and failure to do so will be contributory negligence. A single named lender who has entered into sub-participation agreements which might have the effect of reducing its loss can still recover the whole of that loss from a valuer who was not privy to them. Even if that were wrong, the principal lender would have an implied duty to account for any sum recovered and could thus recover the whole loss on that ground. (Headnote taken from journal) NB. NOT TO BE PHOTOCOPIED.
650 _aNEGLIGENCE
650 _aValuation
_96273
690 _aLAW-CASE LAW
942 _n0
948 _c17/06/1997
999 _c59886
_d59886