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LLR: Professional Negligence

MOORE v ZERFAHS & OTHERS

[1999] Lloyd's Rep PN 144

COURT OF APPEAL

Before Lord Justice Stuart-Smith, Lord Justice Millett and Lord Justice Morritt

Registered insurance broker - Application for mortgage completed dishonestly or negligently - Form overstated husband’s income - Loan to husband and wife secured by mortgage of matrimonial property - Loan used to repay existing mortgage, family company’s debts and investment in company - Company failed - Causation - Foreseeability of risk - Whether consequential losses attributable to the defendants’ negligence - Application to strike out on grounds that particulars of claim disclose no cause of action.

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