The Weekly Law Reports
[1989] 2 WLR 316
[COURT OF APPEAL]
CAPARO INDUSTRIES PLC. v. DICKMAN AND OTHERS
[1985 C. No. 8153]
1988 April 25,
26,
27,
28,
29;
May 3;
July 29
May 3;
July 29
O'Connor, Bingham and Taylor L.JJ.
Negligence
— Duty of care to whom?
— Auditor
— Appointment by company to audit and certify company's accounts
— Statutory duty to make report to shareholders
— Another company making take-over bid by initial purchase of shares
— Claim that subsequent completion of take-over by purchase of total issued shares made in reliance on negligently made audit
— Whether auditor owing duty of care to shareholders
— Whether duty owed to non-shareholding investor
—
Companies Act 1985 (c. 6), ss. 236, 237