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Limitation

20 November 2008
Issue: 7346 / Categories: Case law , Law digest
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Pegasus Management Holdings S.C.A v Ernst & Young (a firm) [2008] EWHC 2720 (Ch); [2008] All ER (D) 101 (Nov)

Typically, a claim for professional negligence will arise both in contract and tort. The contractual duty and the tortious duty are largely the same (to carry out the professional’s instructions with reasonable skill and care).

The damage for which the professional is liable is the damage attributable to a failure to exercise reasonable skill and care. In a case in which the purpose of engaging the professional is to secure some right or benefit for the client in connection with a contemplated transaction, and because of a failure to exercise reasonable skill and care the client does not secure that right or benefit, the client sustains damage when the transaction takes place.

Issue: 7346 / Categories: Case law , Law digest
printer mail-details

MOVERS & SHAKERS

Carey Olsen—Kim Paiva

Carey Olsen—Kim Paiva

Group partner joins Guernsey banking and finance practice

Morgan Lewis—Kat Gibson

Morgan Lewis—Kat Gibson

London labour and employment team announces partner hire

Foot Anstey McKees—Chris Milligan & Michael Kelly

Foot Anstey McKees—Chris Milligan & Michael Kelly

Double partner appointment marks Belfast expansion

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