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Tort Law and Economic Interests$
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Peter Cane

Print publication date: 1991

Print ISBN-13: 9780198252368

Published to Oxford Scholarship Online: March 2012

DOI: 10.1093/acprof:oso/9780198252368.001.0001

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(p.159) 4 Other Assets
Tort Law and Economic Interests

Peter Cane

Oxford University Press

This chapter discusses financial assets which also receive protection under the tort of law. The assets discussed are expectancies, trade values, and monetary wealth. Expectancies come in two forms: the contractual and the non-contractual. A contractual expectancy consists of the chance or expectation of entering into a financially advantageous contractual agreement in the future. Non-contractual expectancy, on the other hand, consists of the chance or expectation of making a gain in the future by some means other than contractual agreement. The second group of assets discussed herein consists of trade values or intangible assets, the product of someone's effort and skill which can be exploited to make financial gains. The last group of assets is comprised of monetary wealth in all its forms. The interest being protected here is an interest in the preservation of the financial status quo.

Keywords:   financial assets, assets, expectancies, trade values, monetary wealth, contractual expectancy, non-contractual expectancy, intangible assets

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