In this article, Andrew Bowen QC considers the Supreme Court ruling in Tiuta International Ltd v De Villiers Surveyors Ltd [2017] 1 W.L.R. 4627 in respect of the complex issue of collateral benefit at its interface with 'but for' causation where a loan had been made on the basis of a negligent valuation but the loan had been used to pay off a pre‐existing liability.

This article was first published in Greens Business Law Bulletin, Issue 153 (April 2018) and on Westlaw. It is reproduced here with the kind permission of Thomson Reuters.