Only companies put out of business can claim damages based on loss of value, says High Court –

Posted May 24th, 2011 in company law, contracts, damages, news by sally

“A company cannot claim for a reduction in its value because of breach of contract unless it has gone out of business, the High Court has said. Damages in all other cases can be based only on the loss of profits caused by the breach, the Court said.”

Full story, 24th May 2011