Jackson v Royal Bank of Scotland

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CourtHouse of Lords
Citation[2005] UKHL 3
Prior action[2000] CLC 1457
Jackson v Royal Bank of Scotland
CourtHouse of Lords
Citation[2005] UKHL 3
Case history
Prior action[2000] CLC 1457
Court membership
Judges sittingLord Nicholls, Lord Hoffmann, Lord Hope, Lord Walker and Lord Brown

Jackson v Royal Bank of Scotland [2005] UKHL 3 is an English contract law case, which concerns remoteness of damage.

Mr James Jackson was a partner with Barrie Stewart Davies (by the time, passed on), trading under the name "Samson Lancastrian". They imported dog chews from Thailand and sold them to a firm called "Economy Bag". They both had the same bank, the Royal Bank of Scotland. By mistake, RBS sent Economy Bag a document showing that Jackson was making a 19% markup on every transaction. Feeling cheated, they cancelled the business relationship with Jackson and Davies. Jackson sued RBS for the loss of the opportunity to make further profits.

At first instance, Jackson won, since the relationship would have continued for four more years on a decreasing scale, and after then further dealings would just be speculative.

The Court of Appeal held that damages should be limited to one year of the breach, and all other losses were too remote. Jackson appealed, arguing that one year was based on an error of principle, and in fact RBS's liability was open ended. RBS argued that no loss at all was foreseeable, because it was not within its reasonable contemplation that accidental disclosure would lead to the relationship being terminated.

Judgment

See also

Notes

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