When setting a level of damages, a price on a surreptitious market should be used, if that gave the correct measure of the loss.
Judges:
Lord Denning
Citations:
[1959] AC 71, [1958] UKPC 23, [1958] 2 Lloyd’s Rep 321
Links:
Jurisdiction:
England and Wales
Citing:
Cited – British Motor Trade Association v Gilbert 1951
The Association had attempted to control the price of cars in the context of statutory support. It was after the Second World war and new cars were in short supply. Buyers of new cars had to contract not to sell the car bought for two years without . .
Cited by:
Cited – Islam, Regina v HL 10-Jun-2009
The defendant appealed against a confiscation order saying that it should not have been set at values which reflected the black market value of the drugs he had imported.
Held: The appeal failed. The court could take account of the illegal . .
Lists of cited by and citing cases may be incomplete.
Damages
Updated: 03 August 2022; Ref: scu.374251