Joint roasting
Series: Building ; 267(8221) 15 February 2002, 51(1)Publication details: 2002Subject(s): Summary: Warns that joint liability in diligence work may result in one party having to pay the whole amount, if the other party cannot pay it's part. Highlights the Court of Appeal's judgment in "Eastgate Group Limited v Lindsey Morden Group Inc". The Civil Liability (Contribution) Act 1978 provisions mean that any professional may be liable with others, for instance with a contractor where they fail to notice its defective work, or with another professional whose designs thay fail to check correctly. Recommends professionals carrying out due diligence work include a suitable net contribution clause in their contracts to restrict their potential liability to a client.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS65079 (Browse shelf(Opens below)) | 1 | Available | 116881-1001 |
Warns that joint liability in diligence work may result in one party having to pay the whole amount, if the other party cannot pay it's part. Highlights the Court of Appeal's judgment in "Eastgate Group Limited v Lindsey Morden Group Inc". The Civil Liability (Contribution) Act 1978 provisions mean that any professional may be liable with others, for instance with a contractor where they fail to notice its defective work, or with another professional whose designs thay fail to check correctly. Recommends professionals carrying out due diligence work include a suitable net contribution clause in their contracts to restrict their potential liability to a client.