Liability for Negligent Misrepresentation in the Finance Industry

Sadler, Pauline

169021_42827_LIBV11_017.pdf (81.61Kb)

Access Status

Open access

Authors

Sadler, Pauline

Date

2009

Type

Journal Article

Metadata

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Citation

Sadler, Pauline. 2009. Liability for Negligent Misrepresentation in the Finance Industry. Legal Issues in Business. 11: pp. 17-25.

Source Title

Legal Issues in Business

ISSN

1442911X

School

School of Business Law

URI

http://hdl.handle.net/20.500.11937/5983

Collection

Curtin Research Publications

Abstract

Sometimes statements made by people working in the finance industry when giving advice may be incorrect. This article examines how the tort of negligence applies to the making of these misrepresentations. Cases discussed include Hedley Byrne & Co Ltd v Heller & Partners Ltd [1964] AC 465, Mutual Life & Citizens Assurance Co Ltd v Evatt (1968) 122 CLR 556, Shaddock & Associates Pty Ltd v Parramatta City Council (1980-1981) 150 CLR 225, Tepko Pty Ltd v Water Board (2001) 206 CLR 1, Caparo Industries plc v Dickman [1990] 2 AC 605 and Esanda Finance Corporation Ltd v Peat Marwick Hungerfords (1997) 188 CLR 241.