Derry v. Peek
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Derry v Peek (1884, House of Lords): the House of Lords determined there was no general duty to use ‘care and skill’ in the context of issuing a prospectus to refrain from making misstatements. The tort of deceit would have been established if the misstatements had been fraudulently made. Derry v Peek thus validated the perspective of the majority judges in the Court of Appeal in Heaven v. Pender.
"Derry v. Peek" also outlined that no duty would be required in relationship to negligent misrepresentation, without the presence of a contract, fiduciary relationship, fraud or deceit. This was later overruled in "Hedley Byrne v. Heller"
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