The scope of the duty of care in the context of professional advice
- FOIL
This appeal concerned the approach to ascertaining the scope of a defendant’s duty of care laid down in South Australia Asset Management Corpn v York Montague Ltd [1997] AC 191 ("SAAMCO"), in the context of professional advice given by accountants. It was one of two appeals heard by the same panel of seven justices, examining the application of SAAMCO in different fields. It was handed down and should be read together with the court’s judgment in Khan v Meadows, which is the subject of a further FOIL Update.