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Court of Appeal Wellington
9, 10, 11, 12, 13, 16, 17, 18 May; 23 September 1977
Richmond P, Woodhouse and Cooke JJ
9, 10, 11, 12, 13, 16, 17, 18 May; 23 September 1977
Richmond P, Woodhouse and Cooke JJ
Damages — Negligence — Economic loss — Impecuniosity — Damage to hotel by flood waters caused by Borough Council negligently constructing works upstream — After floods hotel lost business and was sold by public auction at mortgagee's sale — Whether damages for loss of profits, and loss of capital suffered as a result of mortgagee's sale, were recoverable.