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it should be extended to cover other types of property such as motor vehicles; it should be based on the replacement value of the property damaged, but not include any consequential loss; [a] the Home Office should work with the insurance industry to improve claims administration; and; interim payments should be made available with respect to ...
The type of claim giving rise to the damages, such as whether it is a breach of contract action or tort claim, can affect the rules or calculations associated with a given type of damages. [3] For example, consequential damages are a potential type of expectation damages that arise in contract law.
If no loss has been occasioned by the plaintiff, only nominal damages will be awarded. A victim will not necessarily recover every loss which flows from the breach by the defendant. In order to recover any damages, the losses suffered by the victim must be caused by the defendant, and not be too remote.
Economic loss is then divided into "consequential economic loss" - that which arises directly from some physical damage or injury (e.g. loss of earnings from having your arm cut off) and "pure economic loss", which is everything else. The fear behind allowing claims for "pure economic loss" is that potentially unlimited claims could flood in.
In non-personal injury claims, for instance, a claim for professional negligence against solicitors, the measure of damages will be assessed by the loss suffered by the client due to the negligent act or omission by the solicitor giving rise to the loss. The loss must be reasonably foreseeable and not too remote. Financial losses are usually ...
The group’s owner, International Distributions Services (IDS), revealed Royal Mail’s operating losses mounted to £295 million in the first nine months of its year so far, with the group hit ...
The Riot (Damages) Act 1886 (49 & 50 Vict. c. 38) was an act of the Parliament of the United Kingdom.It authorised the payment of compensation, from the police fund of the police area in question, to persons whose property had been injured, destroyed or stolen during a riot.
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