Wade & Anor v Poppleton & Appleby

Wade & Anor v Poppleton & Appleby

Poppleton & Appleby did not breach their duty of care or fiduciary duty; there was no negligence in failing to advise Mr and Mrs Wade to provide additional finance, and no action or omission by Poppleton & Appleby would have prevented the receivership or caused loss to the claimants.

Parties
Claimant: Patrick Paul Leslie Wade; Claimant: Jean Wade; Defendant: Poppleton & Appleby
Jurisdiction
England and Wales
Judgment Date
19 December 2003
Procedural Posture
Civil / Judgment
Outcome
Claim dismissed
Legal Topics
Duty of Care, Breach of Contract, Breach of Fiduciary Duty, Negligence, Assignment of Claims, Insolvency, Receivership

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Parties

Patrick Paul Leslie Wade

Claimant

Jean Wade

Claimant

Poppleton & Appleby

Defendant

Procedural Posture

Civil / Judgment

  1. 1 Whether Poppleton & Appleby owed a duty of care to Mr and Mrs Wade personally and/or the Companies
  2. 2 Whether Poppleton & Appleby breached their duty of care or fiduciary duty in advising on insolvency and receivership
  3. 3 Whether any breach caused loss to the claimants

Ratio Decidendi

Poppleton & Appleby did not breach their duty of care or fiduciary duty; there was no negligence in failing to advise Mr and Mrs Wade to provide additional finance, and no action or omission by Poppleton & Appleby would have prevented the receivership or caused loss to the claimants.

Court Disposition

Claim dismissed