The Weekly Law Reports
[1996] 1 WLR 1438
[PRIVY COUNCIL]
LION NATHAN LTD. AND OTHERS APPELLANTS AND C-C BOTTLERS LTD. AND OTHERS RESPONDENTS [APPPEAL FROM THE COURT OF APPEAL OF NEW ZEALAND]
1996 March 4,
5,
6;
May 14
May 14
Lord Goff of Chieveley, Lord Jauncey of Tullichettle, Lord Hoffmann, Sir John May and Sir Ralph Gibson
Damages
— Contract
— Breach of warranty
— Plaintiffs purchasing defendants' business in reliance on defendants' projected earnings forecast
— Actual earnings substantially less than forecast
— Defendants' warranty that forecast “achievable”
— Whether warranty as to quality
— Whether defendants entitled to rely on highest figure within range of reasonable forecasts
— Whether damages to be assessed on basis of most probable outcome
1440
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