Pure Economic Loss in Europe [Paperback]

This 2003 study uses a fact-based comparative method and in-depth research into the laws of thirteen European countries.Many events result in pure economic loss, such as a business being idled by the cut of electricity cables. This controversial issue raises questions which affect the law of tort and contract. How far can tort liability expand without imposing excessive burdens upon individual activity? This is the first comprehensive study of the subject, using a fact-based comparative method and in-depth research into the laws of thirteen European countries. Includes a historical and analytical introduction to economic loss.Many events result in pure economic loss, such as a business being idled by the cut of electricity cables. This controversial issue raises questions which affect the law of tort and contract. How far can tort liability expand without imposing excessive burdens upon individual activity? This is the first comprehensive study of the subject, using a fact-based comparative method and in-depth research into the laws of thirteen European countries. Includes a historical and analytical introduction to economic loss.How far can tort liability expand without imposing excessive burdens upon individual activity? This comprehensive study of the subject uses a fact-based comparative method and in-depth research into the laws of thirteen European countries. Many events result in pure economic loss, such as a business being idled by the cut of electricity cables. This controversial issue raises questions which affect the law of tort and contract.General editor's preface; Preface; List of contributors; Table of legislation; Relevant statutory and codified provisions (in translation); List of abbreviations; Part I. Situating the Frontier: 1. The notion of pure economic loss and its setting Mauro Bussani and Vernon Valentine Palmer; 2. The rule against recovery in negligence for pure economic loss: an historical accident? James Gordley; 3A. Pure economic loss: l£†