Finance Trust Bank loses bid to claim directly from surveyor’s insurer

The High Court has dismissed a bid by Finance Trust Bank to claim payment directly from an insurer following a dispute over professional negligence. The ruling centered on the doctrine of privity of contract, which dictates that only parties who sign a contract can enforce its terms. In this case, the court found that the […] The post Finance Trust Bank loses bid to claim directly from surveyor’s insurer appeared first on PML Daily .