Fisher concluded that Binnie had made significant errors of principle and recommended that a new report should be undertaken.
2.
Jackson appealed, arguing that one year was based on an error of principle, and in fact RBS's liability was open ended.
3.
While Hobbes would withdraw some arguments as erroneous, he distinguished between " errors of negligence " and " errors of principle ", and found the latter much harder to admit.
4.
They exercised it in the liquidators'favour, and the Board should not interfere unless it is shown that they were guilty of some error of principle or misconception of fact, or that they were plainly wrong.
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