Scott Group Ltd v McFarlane

JurisdictionNew Zealand
CourtCourt of Appeal
Date1978
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29 cases
  • JEB Fasteners Ltd v Marks, Bloom & Company
    • United Kingdom
    • Queen's Bench Division
    • Invalid date
  • Maybank Islamic Berhad v Aldwich Enviro-Management Sdn Bhd & 4 Ors
    • Malaysia
    • High Court (Malaysia)
    • 1 January 2015
  • Caparo Industries Plc v Dickman
    • United Kingdom
    • House of Lords
    • 8 February 1990
    ...would rely on the accounts for that purpose." 28The case which gives most assistance to Caparo in support of this submission is Scott Group Ltd. v. McFarlane [1978] 1 N.Z.L.R. 553. The audited consolidated accounts of a New Zealand public company and its subsidiaries overstated the assets ......
  • Johnson v Gore Wood & Company (No 2)
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 27 January 2004
    ...a passage in the speech of Lord Bridge at page 624 where he agrees with the reasoning of Richmond P in Scott Group Ltd v McFarlane [1978] 1 NZLR 553. Richmond P emphasised the need for the maker of the statement to be able to direct his mind "to some particular and specific purpose of which......
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2 books & journal articles
  • Waiting for Enron: The Unstable Equilibrium of Auditor Independence Regulation
    • United Kingdom
    • Journal of Law and Society Nbr. 33-3, September 2006
    • 1 September 2006
    ...113 (duty owed to investors although auditor did not know about theirinterest in the company at the time it issued its audit report).61 [1978] 1 NZLR 553 (majority of the court held that a duty could be owed where theauditor was not aware that a particular third party would be provided with......
  • DEVELOPMENTS IN THE LAW RELATING TO NEGLIGENT MISSTATEMENTS: ANY RECOURSE FOR INVESTORS AND CREDITORS?
    • Singapore
    • Singapore Academy of Law Journal Nbr. 1992, December 1992
    • 1 December 1992
    ...1 per Cardozo CJ, Ultramares Corp v. Touche(1931) 255 NY 170 at 179. 2 [1964] AC 465. 3 Scott Group Ltd v. McFarlane & Robinson [1978] NZLR 553, JEB Fasteners Ltd v. Marks Bloom & Co (a firm)[1981] 3 All ER 289, Twomax Ltd v. Dickson McFarlane & Robinson1982 SC 113. 4 [1977] 2 All ER 492. 5......

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