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LLR: Professional Negligence

BERG, SONS & CO LTD v MERVYN HAMPTON ADAMS AND OTHERS

[2002] Lloyd's Rep PN 41

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Hobhouse

Accountants - Auditors - Duty of care to company - Duty of care to discount house - Negligence - Failure to verify assets independently - Knowledge of company - Knowledge of sole director and shareholder - Causation - Forseeability of loss - Reliance on audited accounts - Lapse of time since accounting period - Company failure unconnected to negligence.

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