Tag Archives: Remoteness

Court of Appeal considers limits of recoverable loss in contract

The Court of Appeal has considered the correct approach to determining when a type of loss caused by a breach of contract should nonetheless be regarded as too remote to be recovered by the innocent party, introducing a potential important … Continue reading

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Filed under Contract, Remedies

Court of Appeal overturns finding that customer’s investment loss was too remote

The Court of Appeal has overturned a first instance judgment that a customer’s loss on his investment was too remote to be recoverable. It said the judge had been wrong to conclude that, although the bank had negligently advised the … Continue reading

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The limit of contractual damages addressed by the Commercial Court

The recent case of Sylvia Shipping Co Limited v Progress Bulk Carriers Limited [2010] EWHC 542 (Comm) provided the High Court with an opportunity to consider the law on damages and, in particular, whether the law on remoteness had been … Continue reading

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Filed under Contract, Remedies