Damages Flashcards
Damages-purpose
Put victim in position would have been in if contract was
performed
Restitution
A repayment of money or other benefits
Reliance loss
Expenses incurred
Anglia TV Ltd v Reed (1972)
Damages for the loss of chance
Rare circumstances - Courts can allow claim for loss that is speculative
Damages for future contracts
Can claim for profit that he/she would have been able to complete but for the breach
Victoria laundry Ltd v Newman Industries
Damages where there is a market
Where there is a market, damages will be difference between contract price and the price obtained or required to be paid in the market
Damages for loss of bargain
Put C in position if contract had been performed
Bence Graphics international v Fasson UK
Wrotham park damages
Where claimant would hav very real problems in establishing financial loss and it is ‘just’ response to a breach of contract
Wrotham park estates v parkside homes
Nominal damages
No loss is suffered due to breach
Staniforth v Lyall