Damages for economic loss – A new COVID-19 normal? Court acknowledges uncertainties of post-pandemic world in assessing the risk of future economic loss
- Published 04.11.2020
Coughlan v United Precast (Vic) Pty Ltd (VSC 2020)
Key Takeaways
This matter brings to light the inherently speculative nature of the assessment of Farlow damages for the risk of future loss of earning capacity, and the impact on such assessments by the current COVID-19 pandemic and associated future economic uncertainty.
Brief Facts