THE PALACE OF JUSTICE CIVIL APPEAL NO. P-02-2074-2011 ...
THE PALACE OF JUSTICE CIVIL APPEAL NO. P-02-2074-2011 ...
THE PALACE OF JUSTICE CIVIL APPEAL NO. P-02-2074-2011 ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
certainly owe a duty of care to the developer, their employer, to<br />
ensure that there would be no undue delay in obtaining the CFOs. In<br />
our judgment, in the light of the contractual arrangements of the<br />
parties, it would not be fair to impose on the defendants a duty of<br />
care to the purchasers with regard to the obtaining of the CFOs. In<br />
our view, on the facts of the present case and, in particular, the<br />
contractual arrangements of the parties, it would be apt to adopt the<br />
following statement in the judgment of the Singapore Court of Appeal<br />
in Man B & W Diesel (at p. 321) –<br />
It is not for the court to help a party, after the event, to improve his<br />
commercial bargain.<br />
Moreover, in the present case, there is another pertinent legal<br />
consideration: we find that the damage suffered by the plaintiffs is<br />
purely financial in nature. The financial loss is not linked to any<br />
personal injury or structural defects or damage to property. None of<br />
the plaintiffs complain of any personal injury or of any structural<br />
defects or damage to his industrial building as a result of the lateness<br />
in obtaining the CFOs or as a result of the manner that the<br />
37