Banking Litigation Notes
Tag: saamco
Showing 7 out of 7 results
30 October 2023
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
23 June 2021
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
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 …