Law Unit 4 Economic Loss Cases

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  • Created by: chelsea
  • Created on: 08-02-13 16:45

White V Jones

FACTS:

2 daughters, argument with dad, dad took them out of the will, he than requested they be put back in, father died, will wasn't changed

LAW:

Pure economic loss would be allowed for an omission. Case extended the Heller Principles...

                

1 of 8

Chaudry V Prabhakur

FACTS:

Advised friend to buy a car

LAW:

D should be more careful when giving advice - as if he was buying for himself

                                

2 of 8

Mulvaine V Joseph

FACTS:

Golfer, accident, damaged his hand, claimed for money that he would have won...

LAW:

Pure Economic Loss is generally not recoverable

             

3 of 8

Caparo V Dickman

FACTS:

TF's, accountants, prepared accounts at short notice for company chairman

LAW:

There was no special relationship. The TF's did not know who would rely and why

4 of 8

Hedley Byrne & Co V Heller & Partners

FACTS:

Bank gave negligent credit reference, Easipower suffered loss

LAW:

Established the test used to decide whether a duty of care will be owed for a misstatement

5 of 8

Spartan Steel & Alloys Ltd v Martin

FACTS:

TF's severed electric cable to C's factory, factory shuts down, loss made

LAW:

Recovering should be a policy decsion and C's couldnt claim for future losses

                                         

6 of 8

James Mcnaughten V Hicks Anderson

FACTS:

Auditors prepared negligent accounts, C relied on them, bought further shares and made a loss.

LAW:

Set out the factors to help decide if a duty of care exists

                                      

7 of 8

Spring V Garden Assurance

FACTS:

Sacked by emplyeers and given bad reference

LAW:

Sometimes a duty of care is owned for an employer reference

                                

8 of 8

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