The Weekly Law Reports
[1995] 2 WLR 607
[COURT OF APPEAL]
BANQUE BRUXELLES LAMBERT S.A.
v.
EAGLE STAR INSURANCE CO. LTD.
UNITED BANK OF KUWAIT PLC.
v.
PRUDENTIAL PROPERTY SERVICES LTD.
NYKREDIT MORTGAGE BANK PLC.
v.
EDWARD ERDMAN GROUP LTD. (formerly EDWARD ERDMAN (an unlimited company))
BNP MORTGAGES LTD.
v.
KEY SURVEYORS NATIONWIDE LTD.
BNP MORTGAGES LTD.
v.
GOADSBY & HARDING LTD.
MORTGAGE EXPRESS LTD.
v.
BOWERMAN AND PARTNERS (a firm)
1995 Jan. 25,
26,
27,
30,
31;
Feb. 20
Feb. 20
Sir Thomas Bingham M.R., Rose and Morritt L.JJ.
Damages
— Measure of damages
— Surveyor's report
— Plaintiffs lending money on basis of surveyor's negligent valuation
— Subsequent general fall in property market and default by borrowers in repayment of loans
— Plaintiffs obtaining possession and selling properties at price below valuation
— Whether loss attributable to market fall recoverable