(Extra Division, Inner House) The bank had relied upon mistaken statements by the solicitor acting for a client as to the intention to repay its debts. Without checking, the bank issued the documents to release their security. It now appealed from rejection of its claim in negligence against the solicitor.
Held: The appeal succeeded.
Lady Smith
[2016] ScotCS CSIH – 11, 2016 SCLR 736, 2016 SC 474, 2016 SLT 285, 2016 GWD 6-136, [2016] PNLR 20
Bailii
Scotland
Cited by:
At Inner House – Steel and Another v NRAM Ltd (Formerly NRAM Plc) SC 28-Feb-2018
The appellant solicitor acted in a land transaction. The land was mortgaged to the respondent bank. She wrote to the bank stating her client’s intention to repay the whole loan. The letter was negligently mistaken and the bankers allowed the . .
Lists of cited by and citing cases may be incomplete.
Professional Negligence
Updated: 12 January 2022; Ref: scu.560368