Summary of Recent Cases – Substantive Law


DAMAGES

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£13.75 Million Damages Awarded To Former Competitive Cyclist

The Guernsey Court of Appeal awarded a former Commonwealth competitive cyclist £13.75million in damages for personal injury and loss sustained in a road traffic accident, which rendered him unable to work, driver or ride a bike.

Liquidated Damages Clause Not a Penalty Clause

Azimut-Benetti SpA v. Healey, QBD, 3/9/10

Blair J held that, on the facts and evidence, a liquidated damages clause entitling a yacht-building company to 20% of the full contract price in the event of default by the buyer was commercially justifiable and therefore was not to be construed as a penalty clause for breach of contract.

October 16, 2010 · Editorial Team · Comments Closed
Posted in: Cases