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Loss of profits: Difference between revisions
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===[[Tricks for young players]]=== | ===[[Tricks for young players]]=== | ||
If you exclude liability for “[[consequential loss]] ''including [[loss of profits]]''” that will not immunise you from liability for losses of profits that were [[direct loss]]es. {{cite|Polypearl Limited|E.ON Energy Solutions Limited|2014|EWHC|3045}}. | If you exclude liability for “[[consequential loss]] ''including [[loss of profits]]''” that will not immunise you from liability for losses of profits that were [[direct loss]]es. {{cite|Polypearl Limited|E.ON Energy Solutions Limited|2014|EWHC|3045}}. | ||
===Not the same as an account for profits=== | |||
The remedy of [[special damages]] for [[loss of profits]] compensates an innocent party for opportunities and profits she would have been able to take had the guilty party not breached its duties to her. This is different from the remedy of “[[Account for profit|accounting for profits]]” whereby the guilty party has to disgorge profits it has actually made in breach of his contractual or fiduciary duty to the innocent party. | |||
{{Polypearl Eon headnote}} | {{Polypearl Eon headnote}} | ||