IFE FUND SA v GOLDMAN SACHS INTERNATIONAL

[2007] 2 Lloyd's Rep. 449

COURT OF APPEAL

Before Lord Justice Waller, Lord Justice Gage and Lord Justice Lawrence Collins

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.