Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.

#law #negligence #pel #tort
A good example of pure economic loss of this type arose in Spartan Steel (at 5.3). As a result of the electricity being cut off, the factory was not able to operate for some time. In addition to the loss suffered in respect of the metal damaged at the time, the plaintiffs also tried to claim that during the period of shutdown they could have made further profit from processing four further ‘melts’. This loss was held to be irrecoverable. It was purely financial loss which did not result from any damage to the plaintiff’s property. Lord Denning pointed out that the plaintiff could have worked harder once the power was restored or that they could have had their own generator or insurance to cover such occurrences. Therefore, for policy reasons, the action failed on this head of the claim.
If you want to change selection, open document below and click on "Move attachment"


cannot see any pdfs


statusnot read reprioritisations
last reprioritisation on suggested re-reading day
started reading on finished reading on



Do you want to join discussion? Click here to log in or create user.