27.05.09 | Loss of business opportunity following a Road Traffic Accident.

Following the result of a Road Traffic Accident resulting in injuries to our client and unfortunately the death of the partner, the client lost an opportunity to trade.

Our clients employment history provided strong evidence of ability to succeed in a potential new business venture. The client was not in employment at the time of the accident and was in the process of starting up two new businesses, which following the accident could not be set up without the partner as a shareholder.

Although there are no certainties in business, the clients track record provided for a high probability of success.

The calculation provided potential loss of profits until retirement age, we also looked at the potential value which the businesses would have had at the time. The net trading profits based on the budgeted accounts and we were successful in recovering a substantial amount on the clients behalf for loss of opportunity.