Thursday, September 27, 2007

Get It Right, Or It May Come Back And Bite!

by Tim O'Dwyer M.A., LL.B Solicitor Consumer Advocate watchdog@argonautlegal.com.au A company within the Herron Todd White group lost a High Court appeal not too long ago on how much damages would compensate former clients for negligent valuation advice. HTW Valuers (Central Queensland) Pty Ltd had to pay damages of $406,194.60, another hundred thousand dollars or so for interest plus legal costs around $600,000.00. The original valuation fee was $250.00 calculated on two and a half hours work...(read more)

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[Source: Australian Real Estate Blog]

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