Loss of Use - What is the Correct Compensation?

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What compensation is the owner of a fleet vehicle entitled to for the loss of its use? The recent case of Beechwood Birmingham Limited v Hoyer Group UK Limited the Court of Appeal upheld the principles set out in the 1970 case of Birmingham v Sowsbery which set out the two alternative methods of calculating the amount of the loss of a fleet vehicle. This article summarises these methods.

Contact Pitmans Solicitors today to find out more: www.pitmans.com.

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Published In: Business Organization Updates, General Business Updates, Transportation Updates, Worker’s Compensation Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Susan Maloney | Attorney Advertising

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