‘New Judgment: Manchester Building Society v Grant Thornton UK LLP [2021] UKSC 20’

“The Supreme Court has unanimously allowed this appeal concerning the approach to ascertaining the scope of a defendant’s duty of care laid down in South Australia Asset Management Corporation v York Montague Ltd [1997] AC 191 (‘SAAMCO‘), in the context of professional advice given by accountants. It is one of two appeals heard by the same panel of seven justices, examining the application of SAAMCO in different fields. It is being handed down and should be read together with the Court’s judgment in Khan v Meadows [2021] UKSC 21. Please see the UKSC Blog New Judgment post for Khan v Meadows here …” (more)

[UK Supreme Court Blog, 18 June]

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