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Damages and Other Remedies for Breach of Commercial by Robert Ribeiro

By Robert Ribeiro

This precious file units out a scientific technique for assessing the treatments on hand for numerous sorts of breach of agreement, what the treatments suggest by way of reimbursement and the way the repayment is calculated. It examines the newest case legislation in addition to vintage prior instances and explores the problems concerned; specifically the defenses.The document offers a number of examples of potent drafting of phrases controlling and restricting remedies--as good as illustrating the kind of negative drafting to be kept away from. Plus valuable tables, figures and calculations and a seek research of the mathematical and fiscal implications of presented damages.

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Extra info for Damages and Other Remedies for Breach of Commercial Contracts (Thorogood Report)

Example text

So the damages were assessed by calculating the money that she would have earned if she had been successful, and dividing by four. If both avenues are open, the choice will be a tactical one, and may well depend upon the ability of the claimant and the courts to assess the mathematical element of chance. This is something that the judges are well accustomed to doing in cases of contributory negligence,so there is no reason to think that they have any great difficulty in applying similar principles to the assessment of a chance.

But in recent years there have been cases which have shown that an element of double counting may inadvertently be included in the claim. Hayes v Dodd was such a case. This kind of interest was really part of the damages in respect of the loss caused to the plaintiffs. Statutory interest on damages is in theory a separate concept from the damages themselves, but in this case it would have duplicated the damages instead of being interest on them. So the Court of Appeal disallowed this part of the award made by the High Court.

If the parties have reached a genuine and enforceable agreement as to the scale of damages to be applied in respect of a particular type of breach, then this normally needs only self-help by the claimant to obtain the exact measure of compensation provided for by the contract. Legal disputes only arise if one party attempts to charge the other party with liquidated damages in circumstances that are not applicable, or if the party being charged is able to argue that the clause as drafted is in fact a penalty.

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