Solicitors’ firm held to be equally liable with surveyor for negligent mortgage valuation
E.Surv (the surveyors) claimed contribution under the Civil Liability (Contribution) Act 1978 from Goldsmith Williams (the solicitors), in respect of damages of £200,000 paid to a mortgage lender in settlement of its claim for negligent over-valuation of a property. The surveyors’ case was that the solicitors had failed to bring to the attention of the lender the fact that (a) the borrower had been registered as proprietor of the property for less than six months and (b) the price he had paid for it, as disclosed on the office copy entries, £390,000, was significantly lower than the surveyors’ valuation in the mortgage offer, £725,000…
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Consultations released on implementation of energy efficiency regulation of the private rented sector
The Department for Energy & Climate Change has published the long-awaited consultation on implementing the provisions of the Energy Act 2011.
The Court of Appeal has overturned a High Court judge’s decision to add words to a non-compete restriction, which had originally offered the employer very little protection.
Analysis from The Lawyer
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?
The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.