Reflective Loss: the Unprincipled Principle
12 December 2019
Cayman Partner Peter Hayden and Senior Associate Jonathan Moffatt have contributed to the article 'Reflective Loss: the Unprincipled Principle', first published in the Southsquare Digest in November.
The article takes a closer look at the reflective loss principle, which is designed to prevent a claimant from recovering damages for loss suffered because the company in which the claimant is invested has suffered loss.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
