Where a wrong has been committed in relation to property and loss is capable of arising as a result, the fact that the party in question assigns the property and its cause of action does not mean that the assignor can no longer be said to have suffered loss. The loss can and should be treated as the loss of the assignor which the assignee can recover, otherwise it would disappear into a legal "black hole", letting the wrongdoer off scot-free. “Black holes are to be (as all black holes should be) avoided where possible” (Pegasus v Ernst & Young).