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'Judges have been reluctant to allow economic losses to be claimed for in negligence, and have been careful to restrict the circumstances where such claims will be permitted' - Critically assess this statement.
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Lancaster University BA (Hons) Accounting & Finance Year 2- 2002/2003 Law 231 Assignment Assignment Title 'Judges have been reluctant to allow economic losses to be claimed for in negligence, and have been careful to restrict the circumstances where such claims will be permitted' Critically assess this statement with reference to the development of liability for economic loss in negligence. Support and illustrate your answer with reference to relevant case law and academic opinion. Introduction In this essay, I am going to discuss whether economic loss in negligence should constitute a cause of action. I will discuss this in three sections. First of all, I will explain briefly what the tort of negligence is and the development of the related law. Second of all, I will explain what the law relating to the recovery of economic losses is and what types of economic loss might be claimed under negligence. Final, I will bring forward my points of view...
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