Compensation for Business Interruption
Posted by Richard Moss on Apr 11, 2015 in NewsThis week we settled a relatively straight-forward case on behalf of one of our clients.
Our client sells IT hardware and software from premises on a trading estate. A well known house-building company was building houses on the neighbouring estate. Unfortunately, a contractor working for the house-building company cut through cables on the neighbouring estate that supplied our client with telephone and email facilities.
Thankfully, the cables were restored after just two days but, during that period of time, our client lost profits quantified at £7,300.00. The case settled on terms that the house-building company shall pay our client the sum of £7,300.00 plus a contribution towards costs.