MCCRINDLE GROUP LTD v. MACLAY MURRAY AND SPENS [2013] ScotCS CSOH_97 (20 June 2013)
The court accepted the defender's estimate of legal expenses as the best available and awarded judicial interest on the aggregate damages at 8% until December 2008 and 4% thereafter, in line with market rates and prior authority.
- Citation
- [2013] ScotCS CSOH_97
- Parties
- Pursuer: McCrindle Group Ltd; Defender: Maclay Murray & Spens
- Jurisdiction
- Scotland
- Judgment Date
- 20 June 2013
- Procedural Posture
- Civil Action for Damages (professional Negligence) / Final Judgment on Quantum and Interest
- Outcome
- Decree for pursuer
- Legal Topics
- Damages Assessment, Judicial Interest, Legal Expenses, Settlement Loss
Case Brief
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Parties
McCrindle Group Ltd
Pursuer
Maclay Murray & Spens
Defender
Procedural Posture
Civil Action for Damages (professional Negligence) / Final Judgment on Quantum and Interest
Legal Issues
- 1 Quantum of legal expenses recoverable due to loss of settlement opportunity
- 2 Appropriate calculation and rate of judicial interest on damages
Ratio Decidendi
The court accepted the defender's estimate of legal expenses as the best available and awarded judicial interest on the aggregate damages at 8% until December 2008 and 4% thereafter, in line with market rates and prior authority.
Court Disposition
Decree for pursuer
Orders
- MMS to pay MGL £473,706 inclusive of interest to 4 June 2013
- Interest to run at 8% per year on that sum until payment
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