Economic loss

United Kingdom · 1990

Principle established: A duty of care arises only if harm is foreseeable, there is proximity between parties, and imposing the duty is fair, just, and reasonable.

Lanbuk on the Law of Torts · 1968

Principle established: Economic loss from damage to another's property is not recoverable.

Lanbuk on the Law of Torts · 1964

Principle established: A duty of care in making statements arises where there is a special relationship, reliance and an assumption of responsibility.

United Kingdom · 1963

Principle established: A duty of care exists for negligent misstatements causing pure economic loss where a special relationship and assumption of responsibility exist, unless effectively disclaimed.

Lanbuk on the Law of Torts · 1983

Principle established: Pure economic loss may be recoverable where proximity is very close and there is reliance.

Lanbuk on the Law of Torts · 1988

Principle established: Pure economic loss is generally not recoverable without close reliance.

Lanbuk on the Law of Torts · 1973

Principle established: Economic loss consequential on physical damage is recoverable; pure economic loss is not.

Lanbuk on the Law of Torts · 1966

Principle established: Pure economic loss caused by negligent acts is generally not recoverable.