000			01440cab a2200181 4500
001			ABS38815
008			090401t1988 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u12518
041			_aeng
245			_aEdwin Hill and Partners v First National Finance Corporation
260			_c1988
350			_a0
490			_aEstates Gazette _v(8807) 20 February 1988, 75-82(5)
520			_aQBD 31 July 1987. Action for damages by chartered surveyors (E) against bank (F), alleging actionable interference of their contractual rights . The action arose out of the development of a London office block funded by F and purchased by Leakcliffe Properties (L). E was appointed by L as architects . When F agreed to fund the development, the terms did not reserve to F any right to appoint an architect. However, a mortgage taken out to secure F`s investment, provided that if L defaulted on repayment and a receiver was appointed, his powers would include employment of architects to finish the work. Following the 1974 property market crash, finance was not easy to find. Eventually F, who had provided the finance to enable the site to be purchased and had a legal charge on the property, decided to carry out the development themselves. However, they made a condition that other architects and letting agents should be appointed in E`s place. The judge summarised the essential ingredients
690			_aLAW
942			_n0
948			_c04/03/1997
999			_c8001 _d8001