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The correct approach

By: Contributor(s): Language: English Series: Estates Gazette ; (1010) 13 March 2010, 106-108(3)Subject(s): Summary: Assesses the principles to be applied in seeking level of damages for breach of covenant. Outlines three approaches to assessing damages based on compensation, buy-out and account for profits. Discusses "Pell Frischmann Ltd v Bow Valley Iran Ltd [2009] UKPC 45" and other relevant case law.

Assesses the principles to be applied in seeking level of damages for breach of covenant. Outlines three approaches to assessing damages based on compensation, buy-out and account for profits. Discusses "Pell Frischmann Ltd v Bow Valley Iran Ltd [2009] UKPC 45" and other relevant case law.