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 - Chaplin v Hicks
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 - Charted v Sullivan
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 have 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
Anglia TV Ltd v Reed
In cases of wrongful repudiation of a contract, the aggrieved party may claim damages for expenditure incurred both after and before the contract was formed, provided that such expenditure was within the reasonable contemplation of the parties
Victoria laundry Ltd v Newman Industries
Damages for breach of contract are limited to losses that were reasonably foreseeable by the parties at the time of contracting, based on their actual and imputed knowledge
Bence Graphics international v Fasson UK
Wrotham park estates v parkside homes
This case established the concept of “Wrotham Park damages” which are based on the hypothetical negotiated value for releasing a covenant
Staniforth v Lyall
Any profit or benefit the plaintiff obtains as a result of the breach should be taken into account to reduce the damages awarded
Charted v Sullivan
Where a seller fails to prove loss of profit from a buyer’s breach of contract, damages may be limited to nominal amounts, especially in markets with fixed retail prices
Chaplin v Hicks
Damages can be awarded for the loss of a chance in breach of contract cases, even if the exact value of that chance is difficult to assess