Valuation And Professional Negligence: Overstating the case

Bryan Johnston analyses a judgment with implications for valuers, investors and funders ‘It is one of the first big commercial valuation negligence cases since the downturn. The question then is whether it represents a one-off or whether it is the start of a professional negligence trend.’The High Court has handed down judgment in Capita Alternative …
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Cases Referenced

  • Capita Alternative Fund Services (Guernsey) Limited (formerly Royal & Sun Alliance Trust (Channel Islands) Limited (1) and Matrix-Securities Limited (2) v Drivers Jonas (a firm) [2011] EWHC 2336
  • JEB Fasteners v Mark Bloom [1983] 1 All ER 582
  • Levicom International Holdings BV & anor v Linklaters [2010] EWCA Civ 494
  • Nykredit Mortgage Bank plc v Edward Erdman Group Ltd [1997] UKHL 53