Primavera v Allied Dunbar Assurance Plc [2002] EWCA Civ 1327 (4 October 2002)
The respondent's loss crystallised in 1995 due to negligent advice, and subsequent benefits from retaining the fund were collateral and not caused by the breach; therefore, damages are assessed as at 1995 and solicitors' costs incurred due to misrepresentation are recoverable.
Source-derived case information.
- Citation
- [2002] EWCA Civ 1327
- Parties
- Claimant/respondent: Primavera; Defendant/appellant: Allied Dunbar Assurance PLC
- Jurisdiction
- England and Wales
- Judgment Date
- 04 October 2002
- Procedural Posture
- Appeal / Court of Appeal Judgment
- Outcome
- Appeal allowed in part
- Legal Topics
- Damages Assessment, Mitigation of Loss, Misrepresentation, Negligent Advice, Pension Schemes
Source-derived case record
Summary, issues, holding and outcome
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Parties
Primavera
Claimant/respondent
Allied Dunbar Assurance PLC
Defendant/appellant
Procedural Posture
Appeal / Court of Appeal Judgment
Legal Issues
- 1 Whether damages should be assessed as at 1995 or at a later date
- 2 Whether subsequent benefits accrued by the claimant should be taken into account in mitigation of loss
- 3 Whether the claimant is entitled to recover solicitors' costs incurred due to misrepresentation
Ratio Decidendi
The respondent's loss crystallised in 1995 due to negligent advice, and subsequent benefits from retaining the fund were collateral and not caused by the breach; therefore, damages are assessed as at 1995 and solicitors' costs incurred due to misrepresentation are recoverable.
Court Disposition
Appeal allowed in part
Orders
- Damages reduced to £103,632 plus interest
- Respondent entitled to recover solicitors' costs of £2,632
Full Case Text
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