CASES PURE ECONOMIC LOSS

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Flashcards on CASES PURE ECONOMIC LOSS, created by Tells Bell on 20/01/2015.
Tells Bell
Flashcards by Tells Bell, updated more than 1 year ago
Tells Bell
Created by Tells Bell about 9 years ago
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Question Answer
Derry v Peek originally only liability if statement made fraudulently not negligently
Candler v Crane Christmas Co DENNING disenting argued for liability attached to losses from negligently made statements
Hedley Byrne v Heller upheld dissent in Candler - negligent statements could incur liability for financial losses
Caparo v Dickman refined rule in Hedley - criteria for special relationship between parties
James McNaughten insufficient proximity meant no special relationship - d had not known the accounts were to be sent to bidder
Spring v Guardian Assurance negligent reference led to ec loss due to lack of work - d was liable
Law Society v KPMG Peat Marwick accountant failed to notice partners fraud - was liable
White v Jones assumption of responsibility - daughters vs solicitor
Mutual Life gave advice not under his specific skill - not liable
Chaudhry v Prabhakar advice given in social context does not count - not liable
Spartan Steel previously ec loss was only recoverable when consequential
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