205906
Description
Mind Map by Sophie.J.E, updated more than 1 year ago
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Created by Sophie.J.E
almost 13 years ago
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Economic Loss
- Consequential
- Always recoverable
- Always recoverable
- Pure
- Only recoverable if there is a
Negligent Misstatement
- Spartan Steel
- Spartan Steel
- Must be a 'Special
Relationship'/ Duty of care
(Use Hedley Bryne v Heller
test)
- 5 Factors need to be
satisfied
- 1. D must have the
Skill/Expertise
needed
- Lennon v MPC
- Chaudhry v Prabhakar
- Lennon v MPC
- 2. There must be voluntary
assumed responsibility
- D has the choice to not
give the advice or to
give it with a disclaimer
- Hedly Bryne
- was a
disclaimer
- D has the choice to not
give the advice or to
give it with a disclaimer
- 3. Known User
- Caparo v Dickman
(no KU)
- Morgan
Crucible v
HSB (KU)
- Caparo v Dickman
(no KU)
- 4. Known Purpose
- Caparo v Dickman
(no KP)
- Law Society v
KPMG (KP)
- Caparo v Dickman
(no KP)
- 5. Must prove
reasonable reliance
- 1. D must have the
Skill/Expertise
needed
- 5 Factors need to be
satisfied
- Only recoverable if there is a
Negligent Misstatement
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