Barclays Bank Plc v Christie Owen & Davies Ltd (Ch) 30/9/16

A specialist property company had been negligent in the preparation of commercial property valuation reports, relied upon by a bank when making a loan to a customer. The valuer should have used an EBITDA-based approach. The bank had contributed to its losses because of failures in its banker-customer relationship to the extent there was a 40% reduction in the amount which it could recover.