SOCIMER INTERNATIONAL BANK LTD v STANDARD BANK LONDON LTD
[2008] 1 Lloyd's Rep. 558
COURT OF APPEAL
Before Lord Justice Laws, Lord Justice Rix and Lord Justice Lloyd
Banking - Purchase of securities - Obligation of seller to sell assets and credit proceeds to buyer - Valuation of assets - Whether seller under implied duty of care - Whether seller in position equivalent to that of mortgagee selling mortgaged property.