Author: Dennis Chapman
Published: June 6, 2014
Reading time: 1 minute
This article is 8 years old.
Read our disclaimer keyboard_arrow_down
This website content is intended as a general guide to law as it applies to the motor trade. Lawgistics has taken every effort to ensure that the contents are as accurate and up to date as at the date of first publication.
The laws and opinions expressed within this website may be varied as the law develops. As such we cannot accept liability for or the consequence of, any change of law, or official guidelines since publication or any misuse of the information provided.
The opinions in this website are based upon the experience of the authors and it must be recognised that only the courts and recognised tribunals can interpret the law with authority.
Examples given within the website are based on the experience of the authors and centre upon issues that commonly give rise to disputes. Each situation in practice will be different and may comprise several points commented upon.
If you have any doubt about the correct legal position you should seek further legal advice from Lawgistics or a suitably qualified solicitor. We cannot accept liability for your failure to take professional advice where it should reasonably be sought by a prudent person.
All characters are fictitious and should not be taken as referring to any person living or dead.
Use of this website shall be considered acceptance of the terms of the disclaimer presented above.
And that is just for one claim! The destruction through arson of a Sony warehouse during those Riots some three years ago.
The Court of Appeal agreed that the Riots (Damage) Act 1886 – yes 1886 – still applies. This states that compensation for damage caused by riots must be met out of the police fund for that area – which means, in this case, the London Mayor’s Office!
The Judges also stated that as well as compensation for the building, consequential losses such as loss of profit and loss of rent could also be recovered. This amounted to over £11 million of the £75 million.
With widespread damage caused by the disturbances in London and beyond the cost to taxpayers will be massive as insurance companies will now use this landmark ruling to recoup what they have paid out to those affected.