Supreme Court Refines Measures of Damages Test for Negligent Misstatement - Routhan v PGG Wrightson Real Estate Ltd
/The Supreme Court has released its much-awaited decision of Routhan v PGG Wrightson Real Estate Ltd regarding how damages should be measured where a professional has negligently supplied critical information that induces a commercial transaction. Crucially, the decision comments on the relevance of the SAAMCO principle in New Zealand law, an issue of great interest to liability insurers and their clients.
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