Remedies Flashcards
what does the damages act 1996 do
allows for structured settlements which are periodical, monthly or yearly. usually arranged by D or his insurance who will purchase annuity through a financial company who will pay set amounts to C. Also allows parties to agree payments may be made for life or specific intervals which can be reassessed
what can be awarded with pain and suffering
a lump sum, a once only award
what are general damages
non pecuniary losses that look forward from trial/settlement date. they include loss of amnesty, pain n suffering, future loss of earnings etc. Evidence has to be obtained to support their claims. With future loss of earnings/medicl expenses then there will be an annual calculation x years of loss
what is mitigation of loss
C has a duty to keep the loss to a reasonable level ie going through NHS instead of private healthcare to avoid unnecessary costs for D
what is a non pecuniary loss
not wholly money based ie pain and suffering or loss of amenity
what is a pecuniary loss
a loss that can easily be calculated in money terms ie cost of hiring a car if yours is damaged
what are special damages
amounts that can be calculated up to the date of the trial or settlement (a type of pecuniary loss). Could include cost of repairing a vehicle and loss of earnings