Recovering bank charges
Recovering bank charges
- 1994
- Times 4 May 1994, 39(1) .
In "Ogilvie Builders Ltd v Glasgow CDC", Court of Session 4 March 1994, it was held that where a JCT building contract entitled a party to reparation for `direct loss and/or expense`, he was entitled to recover bank charges and loss of interest consequent upon his need to cover other such items of loss and expense, for a loss arising naturally according to the usual course of things within the meaning of the rule in "Hadley v Baxendale" was the same as `direct loss`.
BANK CHARGES
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CONTRACT CLAIMS
DIRECT LOSS AND EXPENSE
HADLEY V BAXENDALE
JCT STANDARD FORM OF BUILDING CONTRACT (1980 EDITION)
LOSS OF INTEREST
In "Ogilvie Builders Ltd v Glasgow CDC", Court of Session 4 March 1994, it was held that where a JCT building contract entitled a party to reparation for `direct loss and/or expense`, he was entitled to recover bank charges and loss of interest consequent upon his need to cover other such items of loss and expense, for a loss arising naturally according to the usual course of things within the meaning of the rule in "Hadley v Baxendale" was the same as `direct loss`.
BANK CHARGES
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CONTRACT CLAIMS
DIRECT LOSS AND EXPENSE
HADLEY V BAXENDALE
JCT STANDARD FORM OF BUILDING CONTRACT (1980 EDITION)
LOSS OF INTEREST