Flash Card Tort Pure Economic Loss
What is the principle established in Hedley Byrne & Co Ltd v Heller & Partners Ltd (1964)?
Economic loss due to negligent misstatement can be recovered if the defendant owed a duty of care.
Plaintiff suffered economic loss after relying on a negligent reference given by the defendant.
What was the outcome of Spartan Steel & Alloys Ltd v Martin & Co Ltd (1973)?
The court allowed the claim for economic loss linked to physical damage but not for the loss of profit.
Plaintiff’s factory suffered a loss of production due to power supply interruption.
What is the principle from Murphy v Brentwood District Council (1991)?
Economic loss due to defective building work is not recoverable in the absence of physical damage.
The plaintiff sued the council for economic loss resulting from defective building foundations.
What principle was established in White v Jones (1995)?
A negligent act causing economic loss can give rise to liability.
The plaintiff’s father’s solicitor failed to execute a will as instructed, resulting in loss.
What was the outcome of Esso Petroleum Co Ltd v Mardon (1976)?
The court found Esso liable for the economic loss caused by its negligent misrepresentation.
The plaintiff relied on a misrepresentation made by Esso about the potential success of a petrol station.
What is the principle from Spartan Steel & Alloys Ltd v Martin & Co Ltd (1973) regarding economic loss?
Economic loss due to negligence can be recoverable if caused by a physical event.
Losses due to power cuts caused by the defendant’s negligence.
What was the ruling in Murphy v Brentwood District Council (1991) regarding pure economic loss?
The claim was dismissed as it did not involve physical damage.
Plaintiff sued for economic loss caused by defective construction.
What principle was established in Hedley Byrne & Co Ltd v Heller & Partners Ltd (1964) regarding liability?
Liability for negligent misstatements can lead to economic loss.
Plaintiff relied on a negligent financial statement.
What was the outcome of Esso Petroleum Co Ltd v Mardon (1976) regarding misrepresentation?
The court found Esso liable for misrepresentation and economic loss.
Plaintiff sued for economic loss caused by misrepresentation about business prospects.
What is the principle from The Aliakmon (1986) regarding pure economic loss?
No claim for pure economic loss arising from a negligent act unless there is physical damage.
Damage caused by negligence led to economic loss.
