Sherwood Real Estate Corporation v. Kingsnorth
Although the chambers judge erred by not considering contextual indicia of proximity arising from the June 25, 2020 email, the error was not material because the apparent purpose of the respondent's representation (to induce purchase of shares in CAP) did not correspond to the pleaded detrimental reliance (entry into the SHO Agreement); reliance falling outside the purpose of the undertaking is not reasonable or foreseeable, so no proximate relationship and no duty of care exists and there is no genuine issue for trial.
Source excerpt
- Negligent misrepresentation
- Duty of care
- Proximity
- Summary judgment
- Reliance
- Foreseeability