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Banking Litigation Notes

Banking Litigation Notes
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Tag: saamco

Showing 7 out of 7 results

30 October 2023

High Court finds that lender suffered no loss despite negligent valuation of security

High Court finds that lender suffered no loss despite negligent valuation of security
15 December 2021

Privy Council considers reformulated test for determining scope of duty of care owed by professional advisers

Privy Council considers reformulated test for determining scope of duty of care owed by professional advisers
23 June 2021

Supreme Court clarifies proper approach to SAAMCO and to determining scope of duty of care owed by professional advisers

Supreme Court clarifies proper approach to SAAMCO and to determining scope of duty of care owed by professional advisers
09 September 2020

Impact of latest "SAAMCO" decision on financial services litigation

Impact of latest "SAAMCO" decision on financial services litigation
08 February 2019

Court of Appeal decision in Manchester Building Society v Grant Thornton: clarification of "advice" vs "information" distinction when applying the SAAMCO principle

The Court of Appeal has dismissed the claimant's appeal in Manchester Building Society v Grant Thornton UK LLP [2019] EWCA Civ 40, an important …

12 June 2018

High Court applies SAAMCO principle to find no assumption of responsibility for losses flowing from market forces

The decision of the High Court in Manchester Building Society v Grant Thornton UK LLP [2018] EWHC 963 (Comm) is a useful illustration of …

08 December 2015

Edward Astle v CBRE: Application of the SAAMCO principle to negligent valuations in information memoranda

The recent case of Edward Astle & Ors v CBRE Ltd (and related actions) [2015] EWHC 3189 (Ch) considers South Australia Asset …

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