PURE ECONOMIC LOSS
No lability for E . L . caused by physical injury or
damage
to property as there isn't a
duty of care to suffer a pure
economic loss Spartan Steel v Martain
mem
matter of poucy
assumes the business has insurance
You cannot claum for a pure economic loss unlessIt
was due to a misstatement
negligent
Special relationship test Hedley Byrne
1 defendant possesses or claims expertise
defendant
gives advice/info for a known
2.
purpose
.
3 defendant knows it will be passed to a specific
group/person
M defendant should / know it will be reued upon.
.
. claimant
5 relied on that information
outlined in Caparo v Dickman
No lability for E . L . caused by physical injury or
damage
to property as there isn't a
duty of care to suffer a pure
economic loss Spartan Steel v Martain
mem
matter of poucy
assumes the business has insurance
You cannot claum for a pure economic loss unlessIt
was due to a misstatement
negligent
Special relationship test Hedley Byrne
1 defendant possesses or claims expertise
defendant
gives advice/info for a known
2.
purpose
.
3 defendant knows it will be passed to a specific
group/person
M defendant should / know it will be reued upon.
.
. claimant
5 relied on that information
outlined in Caparo v Dickman