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: Current AwarenessPlatform Funding Ltd v Bank of Scotland plc (formerly Halifax plc) - WLR Daily
By sally
“A surveyor, instructed by a mortgage lender to value the property offered by the borrower as security for a loan, who certified that the property had been inspected and a fair valuation given, was liable in damages to the mortgage lender for losses suffered as a result of having valued the wrong property in breach of an unqualified obligation to inspect the specified property.”
WLR Daily, 1st August 2008
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
Full post as published by Current Awareness on August 04, 2008 (boomark / email).
Royal Bank of Scotland
401(k) / ERISA Stock Fraud
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BlueHippo Funding agrees to set up $5 million restitution fund after modifying its computer sales program.
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lawsuit claims the bank is in violation of the Truth in Lending Act
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City Bank president Mike Liner agrees to pay $25,000 fine for assisting in a cash deposit.
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allegedly misled residents about staff and daily care.
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Swiss bank pays Parmalat $30 million bankruptcy settlement.
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