November 2014 Archive

Court gives judgment against a valuer in respect of a negligent valuation of a commercial property

In the recent case of Titan Europe 2006-3 plc v Colliers International (UK) Plc (in liquidation) [2014], the Commercial Court gave judgment against a valuer in respect of a negligent valuation of a commercial property. This decision has major implications for the commercial mortgage-backed securities market and it provides guidance as to circumstances in which a Special Purpose Vehicle is entitled to bring a claim against a valuer.
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