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Lloyd's Law Reports Plus

IFE FUND SA v GOLDMAN SACHS INTERNATIONAL

[2007] Lloyd's Rep. Plus 15

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Toulson

Misrepresentation – Purchase by claimant of bonds to finance purchase of English company by French company – Bonds sold by defendants to claimants – English company’s financial position falsely presented in its accounts – Whether defendants liable for misrepresentation – Whether defendants owed a duty of care – Exclusion of duties – Misrepresentation Act 1967 – Unfair Contract Terms Act 1977.

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