| 000 | 01824cad a22001935a 4500 | ||
|---|---|---|---|
| 001 | L142802 | ||
| 008 | 080311e20080118xxk f w 000 0 eng d | ||
| 035 | _a(Sirsi) u142802 | ||
| 041 | 0 | _aeng | |
| 245 | 0 | 0 |
_aCheshire Building Society v Dunlop Haywards (DHL) Ltd and Cobbetts _h[electronic resource] |
| 260 | _c2008 | ||
| 520 | _a[2008] EWHC 51(Comm), 18 January 2008. The applicant building society (C) applied for summary judgment against a valuation company (D), who in turn sought the same relief against its director (M). C was asked to make a loan to a company (G) to fund the purchase of a property. M produced a valuation for C on behalf of D. On this basis, and the understanding that the property was to be let to businesses at good rates, C supplied the loan. M's valuation had been fraudulent and there were no lettings in place. G defaulted on the loan and C incurred considerable losses. M denied the allegations but provided no details as to his argument. "Held": In both actions it was for the claimants, C and D, to demonstrate that M had no real belief in his valuation. D made no defence against C's allegations and while accepting M's incompetence, produced aspects of the valuation consistent only with dishonesty. D could find no official record of G's payments, suggesting it had been made to M personally. M had been found guilty of fraud in other cases and had proven his propensity for such actions. Judgement for the claimants. | ||
| 590 | _aKA | ||
| 650 | 2 | 4 | _aCHESHIRE BUILDING SOCIETY V DUNLOP HAYWARDS (DHL) LTD AND ANOTHER |
| 651 | 4 |
_aEngland and Wales _y1543- |
|
| 690 | _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY VALUATION AND INVESTMENT | ||
| 856 | 4 | 0 |
_uhttps://www.bailii.org/ew/cases/EWHC/Comm/2008/51.html _zView the judgment free of charge at www.bailii.org... |
| 942 | _n0 | ||
| 999 |
_c79945 _d79945 |
||