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Commercial Court finds buyer entitled to repayment of advance payment where delivery prevented by force majeure
High Court tests newly narrowed scope of the “reflective loss” rule in first decision since the Supreme Court’s judgment in Marex
In the first decision to consider the so-called “reflective loss” principle since the Supreme Court’s judgment in Sevilleja v …
High Court decision suggests damages may be calculated differently where claimant is hopelessly insolvent
In a recent decision, the High Court declined to strike out a claim against a bank for alleged breach of a Quincecare duty on the ground that the …
Court of Appeal considers application of "SAAMCO" principle in context of auditor's negligence case
The Court of Appeal has held that, where an auditor negligently failed to detect management's dishonest concealment of the claimant's insolvency, it was …
Privy Council finds loss of profits under separate contract not too remote to be recoverable
On an appeal from the Court of Appeal of the British Virgin Islands, the Privy Council has considered the damages that should have been awarded to a …
Supreme Court confirms existence and scope of “reflective loss” rule
The Supreme Court’s judgment in Sevilleja v Marex Financial Ltd [2020] UKSC 31 has been eagerly anticipated by financial institutions and brings much …
Unjust enrichment: High Court finds claimant entitled to restitution of the value of services provided in anticipation of a contract
The High Court has held that a supplier of soft toys was entitled to restitution of the value of the services it had provided to a toy designer, in …
Showing 7 out of 7 results