Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd

Additional names

BNP Mortgages Ltd v Goadsby & Harding Ltd
BNP Mortgages Ltd v Key Surveyors Nationwide Ltd
United Bank of Kuwait Plc v Prudential Property Services Ltd
South Australia Asset Management Corpn v York Montague Ltd

Subject Matter

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

[1995] QB 375; [1995] 2 WLR 607; [1995] 2 All ER 769, CA

[1997] AC 191; [1996] 3 WLR 87; [1996] 3 All ER 365, HL(E)

Appellate History

Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd [1995] QB 375; [1995] 2 WLR 607; [1995] 2 All ER 769, CA

Decision of the Court of Appeal reversed

Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd [1997] AC 191; [1996] 3 WLR 87; [1996] 3 All ER 365, HL(E)

South Australia Asset Management Corpn v York Montague Ltd (Unreported), QBD

Decision of May J affirmed

Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd [1997] AC 191; [1996] 3 WLR 87; [1996] 3 All ER 365, HL(E)

Nykredit Mortgage Bank plc v Edward Erdman Group Ltd (formerly Edward Erdman) (Unreported), QBD

Decision of Judge Byrt QC affirmed

Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd [1995] QB 375; [1995] 2 WLR 607; [1995] 2 All ER 769, CA

Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd (Unreported), QBD

Decision of Phillips J reversed

Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd [1995] QB 375; [1995] 2 WLR 607; [1995] 2 All ER 769, CA

Mortgage Express Ltd v Bowerman & Partners [1994] 2 EGLR 156, Ch D

Decision of Arden J reversed

Banque Bruxelles Lambert SA v Eagle Star Insurance Co Ltd [1995] QB 375; [1995] 2 WLR 607; [1995] 2 All ER 769, CA

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