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(4TH EDITION)
Contractual damages
Expectation, reliance, account of profits, nominal,
liquidated, and punitive damages
Equitable relief
specific performance and injunctions
Exclusion clauses
Unjust enrichment
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-2
Remedies for Breach of Contract
Other Relevant Remedies
maybe Restitution
for Unjust Enrichment
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-3
Remedies for Breach of Contract
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-4
Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-5
Expectation Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-6
Issues for Expectation Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-7
Difficulty of Calculation
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-8
Cost of Cure or Loss of Value?
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-9
Alternative Performance
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-10
Intangible Losses & Emotional
Distress
Intangible loss: no apparent economic value
disappointment, anger, frustration, sadness
Damages for emotional distress traditionally denied
rationale: difficult to assess value, and contracts are
commercial arrangements for money not feelings
Now usually available if peace of mind was expected
contractual benefit. Emotional distress treated in same
manner as other types of loss
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-11
Limitations to Expectation
Damages
Expectation damages may be reduced by
causation and remoteness
failure to mitigate losses
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-12
Causation and Remoteness
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-13
Remoteness (contd)
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-14
Mitigation of Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-15
Reliance Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-16
Account of Profits or Disgorgement
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-17
Nominal Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-18
Liquidated Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-19
Punitive Damages
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-20
Equitable Relief
Traditional distinction
court of law: order payment of money
court of equity: order actual performance
Some forms of equitable relief for breach of contract
specific performance
injunction
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-21
Specific Performance
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-22
Requirements for
Specific Performance
Damages inadequate: cannot buy substitute
eg unique land, family heirloom, private shares
Mutuality: available to both parties
eg cannot be awarded against (or to) infant
Judicial supervision: once-and-for-all order
eg grocery store not forced to remain open
Personal services: prohibition on slavery
eg actress not required to appear in movie
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-23
Injunction
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-24
Exclusion Clauses
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-25
Unjust Enrichment
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-26
Unjust Enrichment: Restitution
Remedy for unjust enrichment: restitution
reverse transfer that occurred between parties
Give back what you received from me!
defendant returns value of transferred benefit
defendant does not return actual transferred benefit
Managing the Law, 4e Copyright 2014 Pearson Canada Inc. Chapter 12-27