Stephen WattersonStephen Watterson

Email: S.W.Watterson@lse.ac.uk
Administrative support: Lewina Coote
Room: New Academic Building 7.24
Tel.  020-7955-7265

Stephen Watterson joined the LSE as Senior Lecturer in Law in 2008. He studied law at the University of Oxford (BA, 1993-1996; DPhil, 1998-2002). Prior to joining the LSE, he held the positions of Lecturer and later Senior Lecturer in Law at the University of Bristol (2002-2008), Lecturer in Law at St John's College, Oxford (2000-2001), and Research Assistant in the Common Law Team of the Law Commission of England and Wales (1996-1998).

 

Research interests


  • Banking / financial law

  • Commercial law

  • Unjust enrichment

 

External activities


  • Member of the Executive Committee, Society of Legal Scholars (2005-2011 )

  • Member of the Editorial Board, Common Law World Review (2003-2008)

  • Book Reviews Editor, Common Law World Review (2003-2008)

  • Deputy Convener, Restitution Section, Society of Legal Scholars (2005-2008)

  • Convener, Restitution Section, Society of Legal Scholars (2008- 2011)

 

Teaching


Books  

Goff and Jones – The Law of Unjust Enrichment (8th edn, Sweet and Maxwell, 2011) (co-authored with Charles Mitchell and Paul Mitchell)

Subrogation Law and Practice (Oxford University Press, 2007), co-authored with Charles Mitchell

Shortlisted for the Inner Temple Book Prize 2008, Subrogation: Law and Practice provides a clear and accessible account of subrogation, explaining when claimants are entitled to the remedy, how they should formulate their claims, and what practical difficulties they might encounter when attempting to enforce their subrogation rights. Although subrogation is a remedy that is frequently claimed in Chancery and commercial practice, the reasons why it is awarded and the way it works can often be misunderstood. In this text the authors aim to present the subject in clear and simple terms through a structure that is readily accessible and of benefit to practitioners.

 

Selected articles
and chapters in books
 

“Testing the Boundaries of Conversion: Account-Holders, Intangible Property and Economic Harm” [2012] Lloyd’s Maritime and Commercial Law Quarterly (co-authored with Amy Goymour) [FORTHCOMING]

'Direct Transfers in the Law of Unjust Enrichment’ (2011) 64 Current Legal Problems 435

For a claim to lie in unjust enrichment, the law requires that the defendant's enrichment must have been gained ‘at the claimant's expense’. A popular account of this requirement, as it applies to personal claims, holds that as a general rule the law of unjust enrichment only reverses ‘direct’ transfers of value. There are good reasons why the law should not reverse many ‘indirect’ transfers, and some significant problems would be created if the law did so. Nevertheless, it is argued that these concerns do not require the courts to restrict the law's remedial potential by a categorical ‘direct transfer’ rule. They would do better to adopt a ‘but for’ causal test to identify qualifying transfers of value, leaving the task of liability containment to be tackled, in a better focused way, by other means. The article is solely concerned with the issues raised by personal claims in unjust enrichment; proprietary claims raise additional issues that are not considered.

‘Justifying Grounds: Contract’, ch 3 in C Mitchell, P Mitchell and S Watterson, Goff and Jones – The Law of Unjust Enrichment (8th edn, Sweet and Maxwell, 2011) (co-authored with Paul Mitchell)  [see above]

‘At the Claimant’s Expense: Personal Claims’, ch 6 in C Mitchell, P Mitchell and S Watterson, Goff and Jones – The Law of Unjust Enrichment (8th edn, Sweet and Maxwell, 2011) (co-authored with Charles Mitchell)  [see above]

‘Lack of Consent and Want of Authority’, ch 8 in C Mitchell, P Mitchell and S Watterson, Goff and Jones – The Law of Unjust Enrichment (8th edn, Sweet and Maxwell, 2011) [see above]

‘Mistake’, ch 9 in C Mitchell, P Mitchell and S Watterson, Goff and Jones – The Law of Unjust Enrichment (8th edn, Sweet and Maxwell, 2011)  [see above]

‘Proprietary Remedies: Subrogation to Extinguished Rights’, ch 39 in C Mitchell, P Mitchell and S Watterson, Goff and Jones – The Law of Unjust Enrichment (8th edn, Sweet and Maxwell, 2011) [see above]

'Remedies for Knowing Receipt', ch 4 in C Mitchell (ed), Constructive and Resulting Trusts (Hart Publishing, 2010), co-authored with Charles Mitchell

In the twelve essays collected in this volume, the authors shed new light on various aspects of the law governing constructive and resulting trusts, revisiting current controversies, bringing new historical material to the fore, and offering new theoretical perspectives.

'Carter v Boehm (1766)', ch 3 in C Mitchell and P Mitchell, Landmark Cases in the Law of Contract (Hart Publishing, 2008)

'New Light on Contribution Between Marine Insurers?' [2005] Lloyd's Maritime and Commercial Law Quarterly 338

'Subrogation and Recoupment', ch 28 in FD Rose, Marine Insurance Law and Practice (LLP, 2004)

'Double Insurance and Contribution', ch 29 in FD Rose, Marine Insurance Law and Practice (LLP, 2004)

'Premiums', chap 8 in FD Rose, Marine Insurance Law and Practice (LLP, 2004)

'An Account of Profits or Damages? The History of Orthodoxy' (2004) 24 Oxford Journal of Legal Studies 471

The modern orthodoxy is that compensatory and gain-based damages are 'alternative remedies' for civil wrongdoing. As such, a claimant can only have judgment for one or other, and must elect which it is to be. This article prepares the ground for a re-examination of that rule by exploring its origins in patent cases, where the election requirement was firmly established in the 1870s by the House of Lords in Neilson v Betts and De Vitre v Betts. Closer examination of early practice offers two important insights. The first is that the explanation given for the election requirement in Neilson v Betts, the 'condonement theory', was novel, and not orthodox. Pre-Neilson v Betts, courts had generally refused to allow a claimant to have both compensatory damages (as 'damages') and gain-based damages (as an 'account of profits'). Nevertheless, that practice had more contingent, practical foundations than the Neilson v Betts orthodoxy suggests. It is best viewed as a practical response, in the prevailing institutional context, to the risk of excessive remedial cumulations. The second insight is that the relationship between the remedies is fundamentally determined by two factors: the prevailing conceptions of the remedies' nature and basis, and the procedural and institutional context within which the remedies are claimed and awarded.

'The law of damages in the 21st century' [2004] Lloyd's Maritime and Commercial Law Quarterly 513

'Alternative and Cumulative Remedies: What is the Difference?' [2003] Restitution Law Review 7

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