000			01155cab a2200181 4500
001			ABS42588
008			090401t1990 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u37723
041			_aeng
245			_aCaparo Industries plc v Dickman and others
260			_c1990
350			_a0
490			_aConstruction Industry Law Letter _v1990 CILL 560-564(5)
520			_aHL 8 February 1990. Caparo (C) bought a company on the basis of its audit by accountants Touche Ross . When the purchased company brought C economic loss, C alleged that the accountants owed a duty of care to investors and potential investors in respect of the audit. The initial finding was that Touche Ross owed no duty to C and no common law duty to individual shareholders for economic loss. CA allowed C`s appeal but qualified it by saying Touche Ross did not owe a duty of care to potential investors. Touche Ross appealed and C cross appealed against the decision that potential investors were not owed a duty of care. Touche Ross won its appeal and C`s was dismissed.
690			_aMANAGEMENT-BUSINESS MANAGEMENT-PROFESSIONAL PRACTICE
942			_n0
948			_c04/03/1997
999			_c24302 _d24302