header-logo header-logo

Damages

14 May 2010
Issue: 7417 / Categories: Case law , Law digest
printer mail-detail

Parabola Investments Ltd and another v Browallia Cal Ltd and others [2010] EWCA Civ 486, [2010] All ER (D) 33 (May)

When conducting a hypothetical exercise to quantify loss, the court did not apply the same balance of probabilities approach as it would to the proof of past facts.

It would estimate the loss by making the best attempt it could to evaluate the chances, unless those chances amounted to no more than remote speculation, taking all significant factors into account. The judge had to make a reasonable assessment and different judges might come to different assessments without having been unreasonable.

 

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Muckle LLP—Rachael Chapman

Muckle LLP—Rachael Chapman

Sports, education and charities practice welcomes senior associate

Ellisons—Carla Jones

Ellisons—Carla Jones

Partner and head of commercial litigation joins in Chelmsford

Freeths—Louise Mahon

Freeths—Louise Mahon

Firm strengthens Glasgow corporate practice with partner hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
back-to-top-scroll