Recent High Court Judgment on Valuer’s Negligence

In a recent judgment of Mr Justice Hedigan , the High Court considered whether two auctioneers were negligent in their valuation of lands in 2007. The Court held that valuers owed a duty of care when preparing valuations and that a party who commissioned a valuation was entitled to rely on it and to assume it had been prepared correctly and in accordance with accepted standards. Read the full article here.