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PI Brief Update

Case Report: £11 Million Lump Sum Settlement - Bill Braithwaite QC, Head of Exchange Chambers

24/10/12. Claimant aged 25. Settlement for £11 million lump sum. Use of American experts. Institutional or home care. One or two support workers needed. Life expectancy. Discount rate for US resident. Defendant’s refusal to offer periodical payments – “currency risk too high”. Defendant’s refusal to index link to an American index.

GP was born in 1987 and so was 20 when he sustained catastrophic injury in 2007.  He is now 25.  G was a pedestrian who was knocked down by an uninsured driver. The Court approved a compromise on liability at 75% in favour of the Claimant...

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The opinions expressed in the articles are the authors' own, not those of Law Brief Publishing Ltd, and are not necessarily commensurate with general legal or medico-legal expert consensus of opinion and/or literature. Any medical content is not exhaustive but at a level for the non-medical reader to understand. 

Professional advice should always be obtained before applying any information to particular circumstances.

Excerpts from judgments and statutes are Crown copyright. Any Crown Copyright material is reproduced with the permission of the Controller of OPSI and the Queen’s Printer for Scotland under the Open Government Licence.