Pure Economic Loss

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10 Terms

1
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Spartan Steel v Martin & Co Ltd

Pure economic loss is not recoverable

2
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Jain v Strategic Health Authority

No duty on local authority to avoid causing C pure economic loss

3
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Hedley Byrne v Heller & Partners Ltd

C can recover for pure economic loss where there is a negligent misstatement and a special relationship

4
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Smith v Eric S Bush

A surveyor has professional expertise so it was reasonably foreseeable that C would rely on his report

5
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Lennon v MPC

A personnel officer with access to specialist knowledge possessed a specialist skill or expertise

6
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Chaudhry v Prabhakar

D can 'possess a specialist skill or expertise' if C has relied on D's skill and judgement

7
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Mutual Life v Evatt

A person with specialist skill and expertise only owes C a duty of care if they hold themselves out as being in the business of giving advice in that area

8
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Caparo v Dickman

D must know the identity of the person or class of persons who will rely on his statement (3)

9
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Law Society v Peat Marwick

D will only be liable for his statement if when making it he knows or ought to know the purpose for which it will be used (4)

10
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JEB Fasteners v Marks Bloom & Co

C must show both that he relied on D's statement and that it was reasonable to do so (5)