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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - The Unexplored Contract and Insolvency Law Dimensions of Hedley Byrne v Heller
AU - Campbell, David
AU - Milman, David
PY - 2023/3/31
Y1 - 2023/3/31
N2 - It has been argued in previous work that Hedley Byrne v Heller addressed no actual mischief. In the case itself, the defendant's credit reference about Easipower Ltd. was neither a misstatement nor negligently given, and in general the indemnification of reliance on negligent statements is far better regulated by contract than it can possibly be by negligent misstatement. This paper expands on the significance of contract relative to tort in Hedley Byrne, but mainly argues that the mischief perceived by the claimant was caused by the operation of the statutory regime regulating Easipower's insolvency. This makes regarding Hedley Byrne as a necessary response to “the privity of contract fallacy” even more implausible.
AB - It has been argued in previous work that Hedley Byrne v Heller addressed no actual mischief. In the case itself, the defendant's credit reference about Easipower Ltd. was neither a misstatement nor negligently given, and in general the indemnification of reliance on negligent statements is far better regulated by contract than it can possibly be by negligent misstatement. This paper expands on the significance of contract relative to tort in Hedley Byrne, but mainly argues that the mischief perceived by the claimant was caused by the operation of the statutory regime regulating Easipower's insolvency. This makes regarding Hedley Byrne as a necessary response to “the privity of contract fallacy” even more implausible.
KW - negligent misstatement
KW - privity of contract fallacy
KW - insolvency law
KW - intervention
KW - judicial legislation
U2 - 10.1017/S0008197323000077
DO - 10.1017/S0008197323000077
M3 - Journal article
VL - 82
SP - 58
EP - 82
JO - Cambridge Law Journal
JF - Cambridge Law Journal
SN - 0008-1973
IS - 1
ER -