Court of Appeal Wellington
14 February; 5 March 1991
Richardson, Hardie Boys and Thorp JJ
14 February; 5 March 1991
Richardson, Hardie Boys and Thorp JJ
Damages — Assessment — Measure of diminution in value — Whether gross sales of damaged stock should be deducted from replacement cost — Whether respondent restricted to recovering historical cost of the stock — Whether amount recovered by respondent from its insurer should be taken into account.
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