“…over from the guarantors. I ask myself whether, in the light of the observations of their Lordships in Sephton [i.e. Law Society v Sephton & Co [2006] UKHL 22, [2006] 2 AC 543], that can properly be considered as loss sufficient to make good the tort of negligence. It seems to me that it comes within the ‘financial loss is possible b…”
“…In Law Society v Sephton & Co [2006] UKHL 22, [2006] 2 AC 543 (“Sephton”), Lord Hoffmann commented at paragraph 21 that, in cases where plaintiffs had entered into bilateral transactions as a result of defendants’ neglige…”
“…(I do not forget, and I note here, that this passage needs to be read with some qualification in the light of comment upon it in Law Society v Sephton & others [2006] 2 AC 543 (“Sephton”). I return to this a little later.)…”