Faculty Of Law The University Of Aberdeen
Damages are normally assessed at the date of the wrongful act, however in England and Wales, Pelling J has noticed that this is not the case if justice requires the evaluation of damages to be calculated at another date. In Murfin v Ford Campbell, an settlement had been entered into whereby firm shares were exchanged for mortgage notes, which may solely be redeemed if certain Mart News revenue thresholds had been achieved in the relevant accounting years. As the thresholds were not met, the mortgage notes were not redeemable, however at the date …