CASES PURE ECONOMIC LOSS

Question	Answer
Derry v Peek	originally only liability if statement made fraudulently not negligently
Candler v Crane Christmas Co	DENNING disenting argued for liability attached to losses from negligently made statements
Hedley Byrne v Heller	upheld dissent in Candler - negligent statements could incur liability for financial losses
Caparo v Dickman	refined rule in Hedley - criteria for special relationship between parties
James McNaughten	insufficient proximity meant no special relationship - d had not known the accounts were to be sent to bidder
Spring v Guardian Assurance	negligent reference led to ec loss due to lack of work - d was liable
Law Society v KPMG Peat Marwick	accountant failed to notice partners fraud - was liable
White v Jones	assumption of responsibility - daughters vs solicitor
Mutual Life	gave advice not under his specific skill - not liable
Chaudhry v Prabhakar	advice given in social context does not count - not liable
Spartan Steel	previously ec loss was only recoverable when consequential

Resource summary

	Created by Tells Bell over 9 years ago