The claimant said that it had received negligent advice from the defendant accountants in its financing of the purchase of a company in the US. After the company fell into difficulties, further advances were made. The parties disputed the calculation of damages.
Judges:
Rose J
Citations:
[2014] EWHC 2085 (Ch), [2014] PNLR 27, [2014] CN 1161
Links:
Jurisdiction:
England and Wales
Cited by:
See Also – Swynson Ltd v Lowick Rose Llp CA 25-Jun-2015
This appeal concerns the amount of damages recoverable by a lender from a negligent firm of accountants who failed to do a proper exercise of due diligence on the borrower to whom the money was lent. The majority of the loan was repaid by utilising . .
At First Instance – Lowick Rose Llp v Swynson Ltd and Another SC 11-Apr-2017
Losses arose from the misvaluation of a company before its purchase. The respondent had funded the purchase, relying upon a valuation by the predecessor of the appellant firm of accountants. Further advances had been made when the true situation was . .
Lists of cited by and citing cases may be incomplete.
Professional Negligence, Damages
Updated: 25 November 2022; Ref: scu.533666