000 01034cab a22002055a 4500
001 L156845
008 120719e2012 xxk 000 0 eng d
035 _a(Sirsi) u156845
041 0 _aeng
245 0 0 _aLloyds TSB Bank Plc v Markandin & Uddin (a firm)
260 _c2012
520 _a[2012] EWCA Civ 65, 9 February 2012. Confirms that defrauded lenders may be able to recover all their losses from their solicitors. Claimant T agreed to loan a Mr Davies £742 500 to be secured on a property. Defendant solicitors M acting for T did not realise that the loan was part of an elaborate fraud and paid the loan to the fraudsters. "Held": appeal upheld. M had been careless and T was entitled to full repayment of the loan.
590 _aKA
650 2 4 _aTRUSTEE ACT 1925 S61
650 2 4 _aLLOYDS TSB BANK V MARKANDAN & UDDIN
690 _aResidential property
_96266
690 _aFinance and taxation
856 4 0 _uhttps://www.bailii.org/ew/cases/EWCA/Civ/2012/65.html
_zView the law report at www.bailii.org
942 _n0
999 _c84174
_d84174