Liability of an auditor for losses incurred on long term interest rate swap agreements which were entered into in reliance upon negligent accounting advice and which were closed out at a loss when the negligent advice came to light.
Lord Justice Hamblen
[2019] EWCA Civ 40, [2019] 4 All ER 90, [2019] 1 WLR 4610, [2019] PNLR 12
Bailii
England and Wales
Citing:
Cited – South Australia Asset Management Corporation v York Montague Ltd etc HL 24-Jun-1996
Limits of Damages for Negligent Valuations
Damages for negligent valuations are limited to the foreseeable consequences of advice, and do not include losses arising from a general fall in values. Valuation is seldom an exact science, and within a band of figures valuers may differ without . .
Appeal from – Manchester Building Society v Grant Thornton UK Llp ComC 2-May-2018
claim for damages by a building society caused by the admitted negligence of its accountant. . .
Cited by:
Appeal from – Manchester Building Society v Grant Thornton UK Llp SC 18-Jun-2021
. .
These lists may be incomplete.
Updated: 19 June 2021; Ref: scu.633090