An ongoing legal case has caused me to lose my business and income for the past 18 months, I am going to win my case as the other side has backed down, so can I claim for my loss of earnings plus my loss of savings as I have used them to live on, how do I put a value on my business and the potential growth it would have had over the past 18 months?
2006-06-21 01:20:15 · 7 answers · asked by no_rubbish_talkers 1 in Politics & Government ➔ Law & Ethics
I am up against a government organisation, but they are signing a declaration to say that they acted unlawfully against me, I have accounts to substantiate my figures. How do you put a price on the emotional stress it has caused me, the hassle of all the court appearances and the disappointment at losing my business?
2006-06-21 01:32:33 · update #1
You can claim for consequential losses, but you have a duty to mitigate your losses, so only those directly and consequentially which are forseeable as a direct result of any incident. 18 months is way to long to claim, at the most losses like 3 months or reasonable in the circumstances, if you could see losses happening, the law states that you have a duty to mitigate.
I will give you an example, if someone crashes into your car, and renders it undrivable, the insurance company will pay your reasonable costs for travel, but if you hire a limo for the time you car is out, thats not reasonable, as you are not mitigating your losses.
Give it a shot, a lawyer who tells you go ahead and claim is only interested in fleecing you.
Secondly, you should try and get insurance, for costs, if the other side backs down, its doesn't mean you won, its means you settled, and trust me they won't pay your 18 month losses.
2006-06-21 12:56:35 · answer #1 · answered by logicalawyer 3 · 0⤊ 0⤋
If you lose you can't claim anything at all! Take very good care before going to court - it's not a pleasant experience and you may lose more than you gain.
Take very good legal advice about your monetary losses. The law is about being fair to both parties, so don't make any wild claims - the judge will see through them.
2006-06-21 08:27:24 · answer #2 · answered by Roxy 6 · 0⤊ 0⤋
Unless you can prove you would have made money in your business it's hard to get comp for that, but you can make up any loss by describing the mental stress it has had on you and your family. But also take into concideration those that you are sueing have they got the money to pay? You can be awarded £10,000 all they have to do is say ok £2.00 a week that's all we can afford and you have to accsept that.
I hope this helps
2006-06-21 08:27:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You can claim for loss of earnings.If you have a solicitor they should on your behalf assess all loses & put it to the court.
2006-06-21 08:42:37 · answer #4 · answered by Ollie 7 · 0⤊ 0⤋
You will get the best answer from your lawyer. Figure out what your losses are and ask for that amount.
2006-07-04 22:43:50 · answer #5 · answered by papricka w 5 · 0⤊ 0⤋
you really need to talk to an experienced lawer - you can add their fee to the bill..
But usually it takes the form of the past few years income - working out the percentage increase and adding that - possibly using inflation, etc
2006-06-21 08:25:08 · answer #6 · answered by want_to_explore_life 3 · 0⤊ 0⤋
you should ask someone who has more experience
2006-06-21 08:44:59 · answer #7 · answered by tykasia32 4 · 0⤊ 0⤋