CREFC Europe to hold professional negligence seminar

CREFC Europe is holding a professional negligence after work seminar in the wake of the Titan v Colliers High Court case.

In October last year Colliers International was found to have negligently valued a German property in 2006 that made up part of the collateral for the Credit Suisse-arranged Titan Europe 2006-3 CMBS. Colliers, which intends to appeal the decision, was found to have overvalued one of the properties by €32m.

The seminar will be held on Thursday 5 February at the Langham Hotel in the West End of London and hosted by lawyer Rosling King.

Schedule:

17:30 – 18:00       Registration

18:00 – 19:15       Introduction/panel discussion/Q&A

19:15 – 20:30       Networking drinks reception

The discussion will be moderated by Georgina Squire, head of dispute resolution at Rosling King. The panel will be made up of Christopher Symons, QC for Titan Europe 2006-3; Richard Spooner, deputy general counsel, Hatfield Philips International; David Lyon, engagement director, Real Estate Advisory Group; James Walton, partner, Rosling King and Solveig Loretz, Solo & Partners.

The panel will:

• Review the impact of Titan v Colliers on CMBS loans and recovering losses.
• Outline how to bring a claim and discuss the criteria for valuers, accountants and solicitor claims.
• Identify the pitfalls – highlighting where the losses lie.
• Discuss who has the ability to sue.
• Examine the risks involved and the lessons to be learned from Titan v Colliers.

To register e-mail hliebing@crefceurope.org or call +44(0)203 651 5568. The event is free to CREFC Europe members.