SOUTH AUSTRALIA ASSET MANAGEMENT CORPORATION v YORK MONTAGUE Ltd UNITED BANK OF KUWAIT plc v PRUDENTIAL PROPERTY SERVICES Ltd NYKREDIT MORTGAGE BANK plc v EDWARD ERDMAN GROUP Ltd (formerly EDWARD ERDMAN An Unlimited Company)

(1997) 80 BLR 1

House of Lords

Lord Goff of Chieveley, Lord Jauncey of Tullichettle, Lord Slynn of Hadley, Lord Nicholls of Birkenhead and Lord Hoffmann

Damages - Measure of damages - Negligent valuation by surveyor - Lender’s damage due to inadequate security - Whether loss caused byfall in market generally recoverable