Liability For Pure Economic Loss

Pure economic loss is one of the most-discussed problems in the fields of tort and contract. This book takes a comparative approach to the subject, exploring the principles, policies and rules governing tortious liability for pure economic loss in a number of countries across the world including the USA, Canada, Japan, South Africa and Denmark.

"This is the first book devoted solely to examining Canadian case authorities and the unique problems that arise from them. It also introduces a new innovative macro-organizational structure for understanding pure economic loss. In doing so, the book brings new insight, explanations, and ways of looking at this complicated subject area."--Publisher.

How far can tort liability expand without imposing excessive burdens upon individual activity? This comprehensive 2003 study of pure economic loss in Europe uses a fact-based comparative method and research into the laws of thirteen European countries. Includes a historical and analytical introduction to economic loss.

Main focus on recent decisions of the Supreme Court of Canada, in comparison with those of the Australian High Court.

Today, pure economic loss is probably one of the main problems in expanding tort law. In some countries, it is associated with uncontrollable and unforeseeable floods of claims to which there may be no end. In this book, leading authors shed light on the subject. An attempt is made to include a possible road towards a common European denominator on compensation for pure economic loss. The perspectives presented in this book are manifold. Contributions on the following topics are included: pure economic loss under specific national legal systems and from several comparative law perspectives, legal and economic analyses, tortious liability of banks and auditors, and an outlook on further developments.

This contains the views and opinions of scholars from all over the world on the policies and trends in liability for damage to property and economic loss. Topics include the debate on economics and law , the relationship between contract and tort law, characterization and the context and problems of economic loss in American tort law, and more.