Financial services

Professional negligence claims: can the professional who made the mistake afford to pay?

When considering a professional negligence claim, it is crucial to know whether the defendant has indemnity insurance. Without insurance, judgment may not be satisfied. Yet it is not easy to be sure and even if insurance exists it is difficult to know whether the claim has been notified to the insurer. Without notification, insurance may not pay your judgment.

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.
1 2 3 4 5

Filter by article type