City Pacific Ltd (in liq) v CBRE (V) Pty Ltd

[2021] NSWSC 456

Supreme Court of NSW

Built by Barristers,
For Australian Law.

1. Valuation
2. › valuation of marina
3. › valuation retainers
4. › practice standards
1. Misleading and Deceptive Conduct
2. › s 52 of Trade Practices Act 1975 (Cth)
3. › s 12DA of Australian Securities and Investment Commission Act 2001 (Cth)
4. › s18 of the Australian Consumer Law
5. › representations in valuation reports
6. › failure to adopt appropriate valuation methodology
7. › failure to explain and cross check methodology
8. › gross overvaluation
1. Breach of Duty
2. › duty of care
3. › breach of duty of care
4. › failure to take precautions against identified risks of harm
5. › valuation not based on reasonable opinion of the value of marina
6. › not product of reasonable care and skill
7. › defendants knew or ought to have known if plaintiffs advanced monies in excess of value
1. Negligence
2. › actual reliance
3. › reasonableness