The “No Reflective Loss” Principle: Towards to the “Priority Rule”

This essay discusses how the “no reflective loss” principle has developed and its current problem. “No reflective loss” principle, introduced in Prudential Assurance Co Ltd v Newman Industries Ltd (No.2), developed in Johnson v Gore Wood & Co, is gradually becoming unreasonable, since the applic...

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Bibliographic Details
Main Author: Zhao Jiyang
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2024/03/shsconf_icpahd2024_02001.pdf