Ta Ho Ma Pty Ltd v Allen [1999] NSWCA 202

Reported Decision : 47 NSWLR 1 (2000) NSW ConvR 55-927

New South Wales Court of Appeal CITATION : Ta Ho Ma Pty Ltd v Allen [1999] NSWCA 202 FILE NUMBER(S) : CA 40235/98 HEARING DATE(S) : 9 March 1999 JUDGMENT DATE : 28 June 1999

Ta Ho Ma Pty Limited PARTIES : v Christopher L Allen JUDGMENT OF : Handley JA; Giles JA; Sheppard AJA

LOWER COURT JURISDICTION : District Court LOWER COURT FILE NUMBER(S) : 0414/97 LOWER COURT JUDICIAL OFFICER : Raphael ADCJ

COUNSEL : A - G Rich R - CJ Bevan SOLICITORS : A - Bryan McCarthy, Dee Why R - Nikola Velcic & Associates, Parramatta CATCHWORDS : NEGLIGENCE - Economic loss - Valuer - Negligent valuation - Duty of care - Reasonable reliance - Whether valuation stale; VALUER - Negligence - Duty of care - Reasonable reliance - Whether valuation stale. Commercial Union Assurance Co of Aust Ltd v Ferrcom Pty Ltd (1991) 22 NSWLR 389 Mutual Life & Citizens' Assurance Co Ltd v Evatt (1970) 122 CLR 556 Ultramares Corporation v Touche (1931) 255 NY 170 Rogers v Whitaker (1992) 175 CLR 479 R & G Mortgages Pty Ltd v Ronald A Newton & Associates Pty Ltd (Supreme Court of Victoria, 4 July 1997, unreported) CASES CITED: San Sebastian Pty Ltd v The Minister (1986) 162 CLR 340 Esanda Corporation Ltd v Peat Marwick Hungerfords (1997) 188 CLR 241 Smith v Bush [1990] 1 AC 831 Hawkins v Clayton (1988) 164 CLR 539 Kondis v State Transport Authority (1984) 154 CLR 672 Caparo Industries Plc v Dickman [1990] 2 AC 605 Harris v Wyre Forest District Council [1990] 1 AC 831 DECISION : Appeal dismissed with costs