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Economic Loss

June 18th, 2021 by James Goudie KC

Manchester Building Society v Grant Thornton (2021) UKSC 20 is concerned with the scope of the duty of care in negligence in relation to the recovery of damages for the economic loss, and the liability of professional advisers. One looks to see what risk the duty was supposed to guard against and then look to see whether the loss suffered represented the fruition of that risk. The focus should be on identifying the purpose to be served by the duty of care assumed by the advisers.

This entry was posted on Friday, June 18th, 2021 at 12:43 pm and is filed under Judicial Control, Liability and Litigation. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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