Pure Economic Loss in Europe

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Overview

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.
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Editorial Reviews

From the Publisher
Review of the hardback: 'It is a remarkably engrossing and valuable work, a real achievement in a notoriously difficult yet important field of obligations … for this reviewer, the real value of this book lies in the brilliant and subtle analytical essays by the editors which set these national reports in context and synthesize the findings of this 'meta-study'.' Law Quarterly Review

Review of the hardback: '… a most valuable addition to the literature on the 'common core' of European tort law.' Ken Oliphant, Cardiff University

Review of the hardback: 'This book is a mine of informed analysis. It provides many interesting and novel insights to the complex problem of pure economic loss and has (already) been a basis for further illuminating theoretical research. Whether one's interest is in comparative law, its methodology, the harmonisation of European private law, pure economic loss or tort law more generally, this book is an indispensable resource.' Maastricht Journal of European Comparative Law

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Product Details

Meet the Author

Mauro Bussani is Professor of Law at the University of Trieste.

Vernon Valentine Palmer is Thomas Pickles Professor Law at the Tulane University School of Law.

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Table of Contents

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: an economic analysis Jürgen G. Backhaus; 3B. Liability for pure financial loss: revisiting the economic foundations of a legal doctrine Francesco Parisi; 4. American tort law and the (supposed) economic loss rule Gary T. Schwartz; 5. The liability regimes of Europe - their façades and interiors Mauro Bussani and Vernon Valentine Palmer; Part II. The Comparative Evidence: Case Responses and Editors' Comparative Comments: 6. Preliminary remarks on methodology Mauro Bussani and Vernon Valentine Palmer; 7. The case studies; Part III. Much Ado About Something: 8. Summary and survey of the cases and results Mauro Bussani and Vernon Valentine Palmer; 9. General conclusions of the study Mauro Bussani and Vernon Valentine Palmer; 10. The recoverability of pure economic loss within the perspective of a European codification Mauro Bussani and Vernon Valentine Palmer; Bibliography; Index.
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