lender claims: case examples

Chris was the mediator in a £310,000 lender’s claim against valuers of a house and mews studio property in west London against which the bank lent. Claim settled shortly after the mediation.

 

Chris was the mediator in a £2.5m negligent valuation claim made by a syndicated mortgage lender against a firm of surveyors in relation to a hotel. Contributory negligence/reckless lending was alleged, as well as there being factual issues around reliance. Settlement discussions on-going following the mediation.

 

Chris was the mediator in a £4.5m claim by a lender that its security had been overvalued by its professional valuer at the time of lending. Competing views of the level of the SAAMCO cap, and how that was affected by the valuer’s contributory negligence allegations. Claim settled shortly after the mediation.

 

Chris was the mediator in a £195,000 professional negligence claim by a lender against the borrowers’ solicitor, who failed to flag an agricultural occupancy condition. There was also a £295,000 claim by the borrower against the solicitor for the same negligence. Claim settled in part at the mediation.

 

Chris was the mediator in a four party £350,000 lender’s claim where the borrower sought Part 20 recoveries from two others (including alleging fraud). Arguments around quantification of any equitable charge, and much about costs. Effectively three mediations in one. Claim settled at mediation.