Description

Today, pure economic loss is probably one of the main problems in expanding tort law. In some countries, it is associated with uncontrollable and unforeseeable floods of claims to which there may be no end. In this book, leading authors shed light on the subject. An attempt is made to include a possible road towards a common European denominator on compensation for pure economic loss. The perspectives presented in this book are manifold. Contributions on the following topics are included: pure economic loss under specific national legal systems and from several comparative law perspectives, legal and economic analyses, tortious liability of banks and auditors, and an outlook on further developments.