SOA Annual Symposium Shanghai. November 5-6, Shanghai, China. Session 3a: One Country, Two Systems and Three Disciplines.

Size: px
Start display at page:

Download "SOA Annual Symposium Shanghai. November 5-6, 2012. Shanghai, China. Session 3a: One Country, Two Systems and Three Disciplines."

Transcription

1 SOA Annual Symposium Shanghai November 5-6, 2012 Shanghai, China Session 3a: One Country, Two Systems and Three Disciplines Wai-Sum Chan

2 One Country, Two Systems and Three Disciplines: Interdisciplinary Research of Law, Economics and Actuarial Mathematics in Assessment of Personal Injury Damages in the People s Republic of China Wai-Sum Chan, FSA, CERA, PhD Professor of Finance The Chinese University of Hong Kong 1 of 34

3 Authors of this Project Professor Wai Sum Chan Professor of Finance, The Chinese University of Hong Kong Econometrician Professor Wai Hon Chan Associate Dean of Law, The University of Hong Kong Solicitor (Hong Kong, England and Wales) Professor Siu Hung Li Fairfax Chair in Risk Management, University of Waterloo, Canada Actuary 2 of 34

4 Agenda 1. Introduction 2. Personal Injury Laws in Asia 3. Personal Injury Claims in Hong Kong 4. Personal Injury Claims in China 5. Discussion 6. Concluding Remarks 3 of 34

5 4 of Introduction

6 What is Personal Injury? Personal injury is the name given to the branch of tort law that covers any wrong or damage done to another (bodily injury). A personal injury can happen at work, in a traffic accident, because of a faulty product or a faulty repair, because of a mistake during medical treatment, or because you slipped and fell on a wet floor or pavement. The personal injury can be physical or psychological but, to be considered actionable, it must occur due to the negligence or unreasonably unsafe actions of your employer, a manufacturer, your doctor, your landlord, or some other person or organization who owes you a duty of ordinary care. 5 of 34

7 Personal Injury and Liability Insurance Motor Insurance General Liability Insurance Medical Malpractice Liability Insurance Product Liability Insurance Homeowner Liability Insurance 6 of 34

8 Personal Injury and Other Compensation Schemes Hong Kong 7 of 34

9 Personal Injury and Other Compensation Schemes Singapore Work Injury Compensation Act (2008) 8 of 34

10 Personal Injury and Other Compensation Schemes The Accident Compensation Corporation (ACC) of New Zealand 9 of 34

11 2. Personal Injury Laws in Asia 10 of 34

12 Personal Injury Laws in Asia Common Law Countries Hong Kong: SAR of China 1997 (One Country, Two Systems) Singapore: Independence 1965 Malaysia: Independence 1957; Motor Tariff, Motor Act India: Independence 1947; Motor Tariff, Motor Vehicles Act 1988 Civil Law Countries China Japan 11 of 34

13 3. Personal Injury Claims in Hong Kong 12 of 34

14 Personal Injury Claims in Hong Kong The basic principle underlying the assessment of the quantum of damages is restitutio in integrum, which implies that the amount of compensation awarded should put the successful plaintiff in the position he or she would have been had the tortious action not been committed. In Hong Kong personal injury litigations, successful claimants usually receive their compensations as a lump sum. The main advantage of a lump sum payment is that the proceedings can be concluded with a clean break between the parties. 13 of 34

15 The Multiplicand/Multiplier Approach When assessing future pecuniary loss in personal injury litigations in common law countries, courts often use the multiplicand/multiplier approach. Lump Sum = Multiplicand Multiplier The multiplicand (the future annual loss of income and the annual consequential expense, such as the cost of care) is established by evidence put before the judge, who then has to decide an appropriate multiplier. The multiplier is used to discount the future pecuniary values into a present lump sum, considering the time value of money, the plaintiff s mortality and contingencies other than mortality. 14 of 34

16 Choosing Multiplier: The Conventional Approach The conventional approach to selecting multipliers is based on the applied wisdom of the courts over many years. In choosing a particular multiplier, the court will make comparisons with multipliers used in similar cases among common law countries. However, when the conventional approach is used, the multipliers would not be linked to the mortality experience or the local economic environment. Furthermore, it is practically impossible to find any truly comparable cases that have similar factors in respect of age and sex of the victims, mortality experience of the general population, inflation, taxation, and investment return rates. The fairness of conventional multipliers, which are based on analogy is, therefore, questionable. 15 of 34

17 Choosing Multiplier: The Actuarial Approach Under this approach, multipliers are computed on the basis of the actuarial equivalence principle, by which we mean the compensating amount is the expected present value of all future losses and expenses. The actuarial approach has been using in many common law countries, such as Australia, Canada, U.S.A. and the United Kingdom. For example, in July 1998 the House of Lords (England) approved actuarial evidence as the primary method of assessing future pecuniary loss, rather than viewing it as a mere check. The Ogden Tables (tables of actuarially computed multipliers, prepared by the British Government Actuary s Department, now in their seventh edition) has been assisting in the calculation of damages for personal injury in England. 16 of 34

18 Choosing Multiplier: The Hong Kong Approach Since the publication of the Hong Kong Multiplier Tables (2002, 2005 and 2013), Hong Kong courts have been moving from the Conventional Approach towards to the Actuarial Approach. 17 of 34

19 18 of 34

20 A Summary of the Hong Kong Multiplier Tables Table number Multipliers Formula 1, 2 Multipliers for pecuniary loss for life ā x 3, 4 Multipliers for loss of earnings to pension age 50 ā x:50 x 5, 6 Multipliers for loss of earnings to pension age 55 ā x:55 x 7, 8 Multipliers for loss of earnings to pension age 60 ā x:60 x 9, 10 Multipliers for loss of earnings to pension age 65 ā x:65 x 11, 12 Multipliers for loss of earnings to pension age 70 ā x:70 x 13, 14 Multipliers for loss of earnings to pension age 75 ā x:75 x 15, 16 Multipliers for loss of pension commencing age 50 (50 x) ā x 17, 18 Multipliers for loss of pension commencing age 55 (55 x) ā x 19, 20 Multipliers for loss of pension commencing age 60 (60 x) ā x 21, 22 Multipliers for loss of pension commencing age 65 (65 x) ā x 23, 24 Multipliers for loss of pension commencing age 70 (70 x) ā x 25, 26 Multipliers for loss of pension commencing age 75 (75 x) ā x 27 Discounting factors for term certain v n 28 Multipliers for pecuniary loss for term certain ā n 19 of 34

21 4. Personal Injury Claims in China 20 of 34

22 Personal Injury Claims in China Still use the multiplicand/multiplier approach. Lump Sum = Multiplicand Multiplier But both the multiplicand and multiplier are prescribed: 最 高 人 民 法 院 关 于 审 理 触 电 人 身 损 害 赔 偿 案 件 若 干 问 题 的 解 释 January 2001 最 高 人 民 法 院 关 于 审 理 人 身 损 害 赔 偿 案 件 适 用 法 律 若 干 问 题 的 解 释 May 2004 最 高 人 民 法 院 关 于 审 理 铁 路 运 输 人 身 损 害 赔 偿 纠 纷 案 件 适 用 法 律 若 干 问 题 的 解 释 January of 34

23 Multiplicand China s Approach The multiplicand is fixed according to the province and area of residence (rural or city) of the plaintiff. For residents in city and town areas, the multiplicand is last year s the average disposal income per person in that province published by the National Bureau of Statistics of China (NBSC). For residents in farming and rural village areas, the multiplicand is last year s the average gross income per person in that province published by the National Bureau of Statistics of China (NBSC). This method does not require any individual judgment: just applies the fixed amount as pre-determined according to national statistics. 22 of 34

24 Multiplicand China s Approach Average Disposal Income Per Person by Province (City and Town Areas) 23 of 34

25 Multiplicand China s Approach Average Gross Income Per Person by Province (Farming and Rural Village Areas) 24 of 34

26 Multiplicand China s Approach 35,000 上 海 30,000 北 京 福 建 浙 江 City 25,000 广 东 江 苏 天 津 20,000 15,000 贵 州 山 东 重 庆 National 广 西 湖 辽 宁 河 南 江 山 西 北 西 河 北 云 南 內 蒙 吉 林 西 藏 安 徽 海 南 青 海 宁 夏 陕 西 四 川 新 疆 黑 龙 江 甘 肃 10,000 5, Rural 25 of 34

27 Multiplicand China s Approach Selected Multiplicands in 2011 (in USD) Province City Rural Shanghai $ 5,801 $ 2,570 Beijing $ 5,268 $ 2,359 Zhejiang $ 4,958 $ 2,093 Heilongjiang $ 2,513 $ 1,215 Qinghai $ 2,498 $ 738 Gansu $ 2,400 $ 626 National Average $ 3,492 $ 1, of 34

28 Multiplier China s Approach The multiplier is fixed according to the age of the plaintiff. See sections 25 and 28 of 最 高 人 民 法 院 关 于 审 理 人 身 损 害 赔 偿 案 件 适 用 法 律 若 干 问 题 的 解 释 May 2004 Age of Plaintiff Multiplier 60 or below Age 61 > multiplier = 19 Age 62 > multiplier = Age 74 > multiplier = 6 75 or above 5 27 of 34

29 28 of Discussion

30 Comparsion Multiplicand Hong Kong Evidence-oriented: different judges may come up with different interpretations of the figures and evidence Depending chiefly on the plaintiff s education and personal background Location of residence is not a crucial factor China Fixed amount: Based on national statistics An investment banker and a construction worker will give rise to the same figure Location dependent (province, city etc) 29 of 34

31 Comparsion Multiplier Hong Kong Proposed Actuarial Approach Age and gender related Relying on population and longevity projection Need a discount rate China Fixed Formula Approach Not related to age and gender of the plaintiff Not statistical / actuarial based Interest/discount rates are not relevant 30 of 34

32 6. Concluding Remarks At the other end of the spectrum to lump sum compensation is the annuity method which is adopted in theory (though not rigidly in practice) by a number of civil law countries, such as Japan and Germany. However, in Japan, under the Automobile Liability Security Law Enforcement Order (Cabinet Order No. 286, 1955) -- 自 動 車 損 害 賠 償 保 障 法 施 行 令 ( 昭 和 30 年 政 令 第 286 号 )--, periodic payments may be capitalized using prescribed annuity factors. These tables of factors are publicly available, for example, the webpage of Non-life Insurance Rating Organization of Japan (www.nliro.or.jp). Analogous to the English Ogden Tables, the Japanese tables of annuity factors are constructed using sound actuarial and economic principles. 31 of 34

33 6. Concluding Remarks 32 of 34

34 6. Concluding Remarks It is important for the courts to grant adequate compensation to the viticms. As Professor T. Ison stated How any society responds to the need of those who are disabled from earning, and the dependants of those who are prematurely killed is surely one of the moral indicators of its civilization. With more actuarial experts in China nowadays, it might be a good starting time to consider building sound actuarial and economic principles (say, life tables, annuities, discount rates, mortality improvement) into the Chinese perosnal injury compensation systems. 33 of 34

35 Thank You! We wish to acknowledge the support of a research grant from the Research Grant Council of the HKSAR ( General Research Fund Project No: HKU) 34 of 34

Session C1: 14.40 15.30. An Overview of Actuarial Assessment of Damages in Personal Injury Litigation in Asia

Session C1: 14.40 15.30. An Overview of Actuarial Assessment of Damages in Personal Injury Litigation in Asia Session C1: 14.40 15.30 An Overview of Actuarial Assessment of Damages in Personal Injury Litigation in Asia Wai Sum Chan, PhD, FSA, HonFIA, CStat Professor of Finance The Chinese University of Hong Kong

More information

The 2013 Wprkshop on Longevity Risk: Recent Developments and Actuarial Implications, Hong Kong, 2 March 2013.

The 2013 Wprkshop on Longevity Risk: Recent Developments and Actuarial Implications, Hong Kong, 2 March 2013. Title The significance of actuarial evidence and mortality statistics in personal injury litigations Author(s) Chan, FWH Citation The 2013 Wprkshop on Longevity Risk: Recent Developments and Actuarial

More information

The Law Society of HK and The Actuarial Society of HK 20 October 2004

The Law Society of HK and The Actuarial Society of HK 20 October 2004 The Law Society of HK and The Actuarial Society of HK 20 October 2004 The Actuarial Perspectives of Personal Injury Compensation in Hong Kong Dr. F.W.H. Chan (Professional Legal Education, HKU) Dr. W.S.

More information

Discount Rates and Life Tables: A Review

Discount Rates and Life Tables: A Review Discount Rates and Life Tables: A Review Hugh Sarjeant is a consulting actuary and Paul Thomson is an actuarial analyst at Cumpston Sarjeant Pty Ltd Phone: 03 9642 2242 Email: Hugh_Sarjeant@cumsar.com.au

More information

On selection of the discount rate for actuarial assessment of damages in personal injury litigation in Hong Kong

On selection of the discount rate for actuarial assessment of damages in personal injury litigation in Hong Kong Law, Probability and Risk (2003) 2, 15 24 On selection of the discount rate for actuarial assessment of damages in personal injury litigation in Hong Kong WAI SUM CHAN* Department of Statistics and Actuarial

More information

Personal Injury And Fatal Accident Claims

Personal Injury And Fatal Accident Claims Personal Injury And Fatal Accident Claims 1. What is a Personal Injury Claim? It is a claim for monetary compensation for injuries including physical, psychological and psychiatric. 2. Under What Circumstances

More information

S.116 Of The Courts of Justice Act Can Defendants Impose A Structured Settlement on the Plaintiff? Robert Roth

S.116 Of The Courts of Justice Act Can Defendants Impose A Structured Settlement on the Plaintiff? Robert Roth S.116 Of The Courts of Justice Act Can Defendants Impose A Structured Settlement on the Plaintiff? Robert Roth Historically, at common law, a plaintiff was not obliged to accept a structured settlement,

More information

CONSULTATIVE DOCUMENT. CONSULTATION PAPER on the Compensation of victims of Cross-Border Road Traffic Accidents in the European Union

CONSULTATIVE DOCUMENT. CONSULTATION PAPER on the Compensation of victims of Cross-Border Road Traffic Accidents in the European Union EUROPEAN COMMISSION Internal Market and Services DG FINANCIAL INSTITUTIONS Insurance and pensions Brussels, 26 March 2009 MARKT/H2/RM markt.h.2(2009)61541 FS/050.160/0032 CONSULTATIVE DOCUMENT CONSULTATION

More information

GIRO40 8 11 October, Edinburgh

GIRO40 8 11 October, Edinburgh GIRO40 8 11 October, Edinburgh Treatment of Bodily Injury Claims in Society Ian Burningham and Fiona Annandale, KPMG 14 October 2013 1 Agenda 1. Where is the liability? 2. Current treatment of Bodily Injury

More information

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS Contents SECTION I - INTRODUCTION Definitions Paragraph 1.1 Preamble Paragraph 2.1 Aims Paragraph 3.1 Scope Paragraph

More information

Research on the Tax Burden of Chinese Insurance Companies After Replacing the Business Tax with a Value-added Tax

Research on the Tax Burden of Chinese Insurance Companies After Replacing the Business Tax with a Value-added Tax International Business and Management Vol. 10, No. 1, 2015, pp. 111-116 DOI:10.3968/6510 ISSN 1923-841X [Print] ISSN 1923-8428 [Online] www.cscanada.net www.cscanada.org Research on the Tax Burden of Chinese

More information

GETTING TO KNOW THE OGDEN TABLES

GETTING TO KNOW THE OGDEN TABLES GETTING TO KNOW THE OGDEN TABLES WHAT ARE THEY? The formal title of the tables is: Actuarial Tables with Explanatory Notes for Use in Personal Injury and Fatal Accident Cases They are admissible in evidence

More information

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS FROM 31 JULY 2013

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS FROM 31 JULY 2013 PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS FROM 31 JULY 2013 Title Number I INTRODUCTION Definitions Para 1.1 Preamble Para 2.1 Aims Para 3.1 Scope Para 4.1 II GENERAL

More information

Feature !"#$%&'()*+, !"#$%&'()*+,-!"#$%& '()*+!"#$%&'()*+,- 2.!"#$%&'()#*+,!"#$!"#$!"#$%&'(' 2%!"#$%&'()!"#$%&'()*+,-!"#!"#$%&!"#$%&'()*)+,!

Feature !#$%&'()*+, !#$%&'()*+,-!#$%& '()*+!#$%&'()*+,- 2.!#$%&'()#*+,!#$!#$!#$%&'(' 2%!#$%&'()!#$%&'()*+,-!#!#$%&!#$%&'()*)+,! !!"#$%&'()*+,!"#$%&'()*+ 2.!"#$%&'()#*+,!"#$!"#$!"#$%&'(' 2%!"#$%&'()!"#!"#$%&!"#$%&'()*)+,! 3.!"#$%&'()*+,!"#$%&'()*!!"#$%&'!()*+!!"#$%&'()*+,!"#$%&'()*+,!"#$%&'()*"+,!"#$%&'(!"#$%&'$()*+,-.!"#$%&'()*+,

More information

FAQs on Personal Injury and Fatal Accident Claims

FAQs on Personal Injury and Fatal Accident Claims FAQs on Personal Injury and Fatal Accident Claims 1 table of contents what is a personal injury claim?... 4 under what circumstances can I make a personal injury claim?... 4 what is meant is by fault?...

More information

Proposals for Reform of Civil Litigation Funding and Costs in England and Wales

Proposals for Reform of Civil Litigation Funding and Costs in England and Wales Proposals for Reform of Civil Litigation Funding and Costs in England and Wales Consultation Paper Response of JUSTICE February 2011 Q 1 Do you agree that CFA success fees should no longer be recoverable

More information

SUBMISSION OF THE LAW SOCIETY S WORKING PARTY TO THE LEGCO LEGAL AFFAIRS PANEL REGARDING THE OPERATIONS OF RECOVERY AGENTS IN HONG KONG

SUBMISSION OF THE LAW SOCIETY S WORKING PARTY TO THE LEGCO LEGAL AFFAIRS PANEL REGARDING THE OPERATIONS OF RECOVERY AGENTS IN HONG KONG LC Paper No. CB(2)517/05-06(01) SUBMISSION OF THE LAW SOCIETY S WORKING PARTY TO THE LEGCO LEGAL AFFAIRS PANEL REGARDING THE OPERATIONS OF RECOVERY AGENTS IN HONG KONG 1. This is a submission of the Recovery

More information

L.E. LAW INFORMATION SHEET NO. 11 GUIDE TO PERSONAL INJURY CLAIMS

L.E. LAW INFORMATION SHEET NO. 11 GUIDE TO PERSONAL INJURY CLAIMS LE Law Services Ltd 127 High Road Loughton Essex IG10 4LT Telephone: 020 8508 4961 Facsimile: 020 8508 6359 www.lelaw.co.uk L.E. LAW INFORMATION SHEET NO. 11 GUIDE TO PERSONAL INJURY CLAIMS 1. Introduction

More information

In order to prove negligence the Claimant must establish the following:

In order to prove negligence the Claimant must establish the following: Introduction A wealth of law exists to provide compensation to people who have suffered injuries, both physical and psychological, following an accident. This fact sheet provides a very brief guide to

More information

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS Contents SECTION I - INTRODUCTION Definitions Paragraph 1.1 Preamble Paragraph 2.1 Aims Paragraph 3.1 Scope Paragraph

More information

60M/55F subject to a minimum participation of 1 year.

60M/55F subject to a minimum participation of 1 year. Prepared by TransGlobe Life. I SUMMARY Social Security Eligibility Retirement Age Contributions Retirement Labour Insurance Programme (LI) applies to companies with 5 or more staff above age 15 and under

More information

tions Weightmans Low Value Personal Injury Claims in Road Traffic Accidents

tions Weightmans Low Value Personal Injury Claims in Road Traffic Accidents Frequ quentl tly asked questio tions Low Value Personal Injury Claims in Road Traffic Accidents Stage 1 General Q1. When will the Rules be drafted and ready? A1. The Civil Procedure Rule Committee approved

More information

Article from: International News. November 2007 Issue No. 43

Article from: International News. November 2007 Issue No. 43 Article from: International News November 2007 Issue No. 43 Actuarial Involvement in Road Accident Fund Claims in South Africa By Greg Whittaker Whilst not required by South African Law, courts in South

More information

Practicalities of ship arrest in Hong Kong and Mainland China. Issues to consider Hong Kong Mainland China

Practicalities of ship arrest in Hong Kong and Mainland China. Issues to consider Hong Kong Mainland China Practicalities of ship arrest in Hong Kong and Mainland China Until recently, ship arrest had been supplemented or, in some cases, replaced by the use of Rule B attachments of electronic funds transfers

More information

Welcome to the latest edition of the Hong Kong Medical Law Brief.

Welcome to the latest edition of the Hong Kong Medical Law Brief. 27 April 2012 Hong Kong Medical Law Brief Welcome to the latest edition of the Hong Kong Medical Law Brief. We discuss three interesting cases that may impact upon discount rates to be applied in damage

More information

Current Situation and Actuarial Issues of Long-Term Care Insurance in Japan. Masato Tomihari Mitsui Sumitomo Insurance Company Limited,Tokyo,Japan

Current Situation and Actuarial Issues of Long-Term Care Insurance in Japan. Masato Tomihari Mitsui Sumitomo Insurance Company Limited,Tokyo,Japan Current Situation and Actuarial Issues of Long-Term Care Insurance in Japan Masato Tomihari Mitsui Sumitomo Insurance Company Limited,Tokyo,Japan Before the main topics Restrictions on the sale of insurance

More information

Hospital Quality Control in China

Hospital Quality Control in China Hospital Quality Control in China Hengjin Dong, MD, PhD Prof. and Executive Director Center for Health Policy Studies Zhejiang University School of Medicine To Err Is Human: Building a Safer Health System

More information

WHEN ARE STRUCTURES MANDATORY?

WHEN ARE STRUCTURES MANDATORY? WHEN ARE STRUCTURES MANDATORY? Andrew C. Murray Lerners LLP Lawyers PO Box 2335 London ON N6A 4G4 Phone: 519.640.6313 Email: amurray@lerners.ca OTLA 2014 Spring Conference Precedents & Practice: Strategies

More information

IN THE SOUTH GAUTENG HIGH COURT OF SOUTH AFRICA

IN THE SOUTH GAUTENG HIGH COURT OF SOUTH AFRICA 1 NOT REPORTABLE IN THE SOUTH GAUTENG HIGH COURT OF SOUTH AFRICA JOHANNESBURG CASE NO: 46854/2009 DATE: 29/04/2011 DELETE WHICHEVER IS NOT APPLICABLE REPORTABLE: YES/NO OF INTEREST TO OTHER JUDGES: YES/NO

More information

KEY FACTS 2015. UK Insurance & Long Term Savings. Key Facts 2015. Follow us on Twitter @BritishInsurers

KEY FACTS 2015. UK Insurance & Long Term Savings. Key Facts 2015. Follow us on Twitter @BritishInsurers KEY FACTS 2015 UK Insurance & Long Term Savings Key Facts 2015 @BritishInsurers Follow us on Twitter @BritishInsurers ASSOCIATION OF BRITISH INSURERS The UK insurance and long term savings industry is

More information

RESTRICTED DO NOT DISTRIBUTE OR MAKE COPIES. Periodical payments. Observations from the UK experience

RESTRICTED DO NOT DISTRIBUTE OR MAKE COPIES. Periodical payments. Observations from the UK experience Periodical payments Observations from the UK experience Table of contents / agenda Terminology Why PPOs? Features of PPOs Legal timeline Financial impacts Settlement strategy Swiss Re PPO trends 2 Terminology

More information

English Civil Law and the Foreign Motorist. Justice or a Lawyer s Lunch?

English Civil Law and the Foreign Motorist. Justice or a Lawyer s Lunch? English Civil Law and the Foreign Motorist Justice or a Lawyer s Lunch? Agenda Basic Principles The Civil Procedure The Claim - Practice Basic principles English Law is based on precedent - what courts

More information

The Traditional Multiplier-Multiplicand Approach

The Traditional Multiplier-Multiplicand Approach 2012 International Conference on Economics, Business and Marketing Management IPEDR vol.29 (2012) (2012) IACSIT Press, Singapore The Traditional Multiplier-Multiplicand Approach Massita Mohamad 1+, Haslifah

More information

1996 General Insurance Convention

1996 General Insurance Convention 1996 General Insurance Convention MONITORING PERSONAL INJURY COMPENSATION Workshop chairman: Patrick Carroll 471 MONITORING PERSONAL INJURY COMPENSATION 1. Scope of Workshop. Various lines of approach

More information

Damages comprise of two main elements; solatium and patrimonial loss (special damages).

Damages comprise of two main elements; solatium and patrimonial loss (special damages). A note on damages in Personal Injury Cases Contents AnoteonDamagesinPersonalInjuryCases.1 Solatium 1 Whatisneededforaclaimofsolatium? 1 PatrimonialLoss(specialdamages)..1 Pastwageloss..2 Futurewageloss.2

More information

Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents

Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents PROTOCOLS I INTRODUCTION Definitions 1.1 In this Protocol (1) claim means a claim, prior to the start of proceedings,

More information

NEW PRACTICE DIRECTION ON NON-INJURY MOTOR ACCIDENT CLAIMS

NEW PRACTICE DIRECTION ON NON-INJURY MOTOR ACCIDENT CLAIMS NEW PRACTICE DIRECTION ON NON-INJURY MOTOR ACCIDENT CLAIMS From 1 January 2002, all non-injury motor accident claims must comply with the Practice Direction 2 of 2001. The new Practice Direction applies

More information

Preamble HIGHLIGHTS AND LOWLIGHTS OF THE EL/PL PORTAL 05/04/2013

Preamble HIGHLIGHTS AND LOWLIGHTS OF THE EL/PL PORTAL 05/04/2013 HIGHLIGHTS AND LOWLIGHTS OF THE EL/PL PORTAL PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS (EMPLOYERS LIABILITY AND PUBLIC LIABILITY) CLAIMS Colin Richmond 11/04/2013 www.zenithchambers.co.uk

More information

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TENNESSEE AT. ) Plaintiff, ) ) v. ) No. ) CLAIM FOR EXEMPTIONS AND REQUEST FOR HEARING

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TENNESSEE AT. ) Plaintiff, ) ) v. ) No. ) CLAIM FOR EXEMPTIONS AND REQUEST FOR HEARING UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TENNESSEE AT, ) ) Plaintiff, ) ) v. ) No. ), ) ) Defendant. ) CLAIM FOR EXEMPTIONS AND REQUEST FOR HEARING I claim that the exemption(s) from execution

More information

Pre action protocol for low value personal injury claims in road traffic accidents

Pre action protocol for low value personal injury claims in road traffic accidents http://websvr/textimagecreator (Text image creator to change heading) Pre action protocol for low value personal injury claims in road traffic accidents Contents SECTION I - INTRODUCTION Definitions Paragraph

More information

ECONOMIC ANALYSIS OF CLAIM COSTS

ECONOMIC ANALYSIS OF CLAIM COSTS ECONOMIC ANALYSIS OF CLAIM COSTS Prepared by Associated Economic Consultants Ltd. August 30, 2000 Table of Contents 1. INTRODUCTION...1 FIGURE 1...4 2. DEMOGRAPHIC AND ECONOMIC FACTORS...5 2.1 Population,

More information

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY CLAIMS IN ROAD TRAFFIC ACCIDENTS Contents SECTION I - INTRODUCTION Definitions Paragraph 1.1 Preamble Paragraph 2.1 Aims Paragraph 3.1 Scope Paragraph

More information

How to make a personal injury claim

How to make a personal injury claim A publication by Cute Injury How to make a personal injury claim A CLEAR AND CONCISE GUIDE TO THE PERSONAL INJURY CLAIMS PROCESS We provide professional and impartial advice from the outset and throughout

More information

Negligence and Damages Bill

Negligence and Damages Bill EXPLANATORY NOTES Explanatory notes to the Bill, prepared by Andy McDonald, are published separately as Bill 76 EN. Bill 76 6/1 CONTENTS PART 1 PYSCHIATRIC INJURY 1 Close tie (duty of care) 2 Close tie

More information

GIRO40 8 11 October, Edinburgh

GIRO40 8 11 October, Edinburgh GIRO40 8 11 October, Edinburgh Bodily Injury Where next? Tim Jordan The MDU Cherry Chan Barnett Waddingham James Turner The MDU 14 October 2013 1 Questions Comments Expressions of individual views by members

More information

1. Findings from the OFT Report on the UK market as a whole

1. Findings from the OFT Report on the UK market as a whole Briefing on Legal and Justice issues relating to the Cost of Car Insurance February 2012 1 Background The Consumer Council has continued its campaign to lower the cost of car insurance in Northern Ireland

More information

This is a licensed product of Ken Research and should not be copied

This is a licensed product of Ken Research and should not be copied 1 TABLE OF CONTENTS 1. Asia-Pacific Insurance Industry 1.1. Industry Introduction 1.2. Asia-Pacific Insurance Market Size by Direct Written Premium, 2005-2012P 1.3. Asia-Pacific Insurance Market Segmentation

More information

BENEFITS COMPARISON BETWEEN RAF SCHEME AND THE PROPOSED RABS

BENEFITS COMPARISON BETWEEN RAF SCHEME AND THE PROPOSED RABS BENEFITS COMPARISON BETWEEN RAF SCHEME AND THE PROPOSED RABS Difference between RAF Scheme & RABS For purposes of the comparison, the current Road Accident Fund Act, No. 56 of 1996 (as amended on 1 August

More information

LAW REFORM (CONTRIBUTORY NEGLIGENCE) AMENDMENT BILL 2001

LAW REFORM (CONTRIBUTORY NEGLIGENCE) AMENDMENT BILL 2001 1 LAW REFORM (CONTRIBUTORY NEGLIGENCE) AMENDMENT BILL 2001 EXPLANATORY NOTES GENERAL OUTLINE OBJECTIVES OF THE LEGISLATION The purpose of this Bill is to address the impact of the decision of the High

More information

AN INTERNATIONAL COMPARISON OF INSOLVENCY LAWS. Meeting held on 27-28 April 2006

AN INTERNATIONAL COMPARISON OF INSOLVENCY LAWS. Meeting held on 27-28 April 2006 AN INTERNATIONAL COMPARISON OF INSOLVENCY LAWS by Wang Huaiyu Meeting held on 27-28 April 2006 This document reproduces a report by Mr. Wang Huaiyu written after the Fifth Forum for Asian Insolvency Reform

More information

Fatal Accidents. At common law there is no right of action for a person who has suffered a loss arising out of the death of a relative.

Fatal Accidents. At common law there is no right of action for a person who has suffered a loss arising out of the death of a relative. Fatal Accidents At common law there is no right of action for a person who has suffered a loss arising out of the death of a relative. Statute has intervened to change this: The Law Reform (Miscellaneous

More information

Our Personal Injury Guidebook

Our Personal Injury Guidebook Our Personal Injury Guidebook Partnering with you on your road to recovery 2 Table of Contents Injured? You Must Take the Following Steps........... 3 Our Promise to Our Clients.................... 4 At

More information

Personal Injuries: A Practical Introduction

Personal Injuries: A Practical Introduction Personal Injuries: A Practical Introduction Common law or not? 1. In some areas of human activity the legislature has excluded the operation of the common law tort of negligence and different, usually

More information

SOA Annual Symposium Shanghai. November 5-6, 2012. Shanghai, China

SOA Annual Symposium Shanghai. November 5-6, 2012. Shanghai, China SOA Annual Symposium Shanghai November 5-6, 2012 Shanghai, China Session 5a: Some Research Results on Insurance Risk Models with Dependent Classes of Business Kam C. Yuen Professor Kam C. Yuen The University

More information

Expert Actuarial Evidence. Paul Thomson MA Corey Plover B.Com (Hons) B.Sci FIAA David Heath B.Ec (Hons) FIAA CPA FFin.

Expert Actuarial Evidence. Paul Thomson MA Corey Plover B.Com (Hons) B.Sci FIAA David Heath B.Ec (Hons) FIAA CPA FFin. Expert Actuarial Evidence Paul Thomson MA Corey Plover B.Com (Hons) B.Sci FIAA David Heath B.Ec (Hons) FIAA CPA FFin CumpstonSarjeant C O N S U L T I N G A C T U A R I E S Introduction 3 Actuarial skills

More information

Road Accident Fund Act 56 of 1996 (RAFA)

Road Accident Fund Act 56 of 1996 (RAFA) Road Accident Fund Act 56 of 1996 (RAFA) Topic: Roads and Public Liability IN A CALABASH Introduction Road transportation is the major mode of transportation in South Africa. Despite a number of road laws

More information

Daiichi Nippon Bank started marine underwriting. The first marine insurance company in Japan was granted an operating license.

Daiichi Nippon Bank started marine underwriting. The first marine insurance company in Japan was granted an operating license. XIII Chronology Year 1859 1867 1869 1873 1877 1878 1879 1883 1887 1888 1893 1895 1898 1899 1900 1904 1907 1910 1911 1914 Non-life insurance business was started in Yokohama by a foreign insurance company.

More information

Guide to Structured Settlements & Lump Sum Compensation Payments

Guide to Structured Settlements & Lump Sum Compensation Payments 2014 Your One-Stop-Shop for financial planning, mortgage broking, tax advice and direct property Guide to Structured Settlements & Lump Sum Compensation Payments Suite 1, Level 1, 154 Marsden St PARRAMATTA

More information

"Certificate Applicant" means an individual or organization that requests the issuance of a Certificate by a Certification Authority.

Certificate Applicant means an individual or organization that requests the issuance of a Certificate by a Certification Authority. Trend Micro Relying Party Agreement YOU MUST READ THIS RELYING PARTY AGREEMENT ("AGREEMENT") BEFORE RELYING ON ANY IDENTITY INFORMATION IN A TREND MICRO SSL CERTIFICATE, VALIDATING A TREND MICRO SSL CERTIFICATE,

More information

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY (EMPLOYERS LIABILITY AND PUBLIC LIABILITY) CLAIMS

PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY (EMPLOYERS LIABILITY AND PUBLIC LIABILITY) CLAIMS PRE-ACTION PROTOCOL FOR LOW VALUE PERSONAL INJURY (EMPLOYERS LIABILITY AND PUBLIC LIABILITY) CLAIMS Contents SECTION I - INTRODUCTION Definitions Paragraph 1.1 Preamble Paragraph 2.1 Aims Paragraph 3.1

More information

Motor Vehicles (Third Party Insurance) Regulations 2013

Motor Vehicles (Third Party Insurance) Regulations 2013 Version: 1.7.2013 South Australia Motor Vehicles (Third Party Insurance) Regulations 2013 under the Motor Vehicles Act 1959 Contents 1 Short title 2 Commencement 3 Interpretation 4 Claim for compensation

More information

Summary of Important Changes to Your Policy You Now Have More Choice

Summary of Important Changes to Your Policy You Now Have More Choice Summary of Important Changes to Your Policy You Now Have More Choice Recent reforms introduced by the Ontario government will give you more choice over the coverages and price you pay for auto insurance.

More information

Conditional Fee Agreement: What You Need to Know

Conditional Fee Agreement: What You Need to Know Conditional Fee Agreement: What You Need to Know This document forms an important part of your agreement with us. Please read it carefully. Definitions of words used in this document and the accompanying

More information

CANDIS LEGAL CARE POLICY SUMMARY

CANDIS LEGAL CARE POLICY SUMMARY Summary of Cover This summary does not contain the full terms and conditions of the Policy, The full terms, conditions and exclusions that apply to the Policy can be found in the Policy document. You have

More information

Conditional Fee Agreement ( CFA ) [For use in personal injury and clinical negligence cases only].

Conditional Fee Agreement ( CFA ) [For use in personal injury and clinical negligence cases only]. Disclaimer This model agreement is not a precedent for use with all clients and it will need to be adapted/modified depending on the individual clients circumstances and solicitors business models. In

More information

FIXED COSTS PART 45. Contents of this Part

FIXED COSTS PART 45. Contents of this Part FIXED COSTS PART 45 PART 45 Contents of this Part I FIXED COSTS Rule 45.1 Scope of this Section Rule 45.2 Amount of fixed commencement costs in a claim for the recovery of money or goods Rule 45.2A Amount

More information

Index. British Columbia Court of Appeal 80, 130, 164, 177 British Columbia Supreme Court 78 but for test 3, 5, 44. Canada Alberta Supreme Court 41, 79

Index. British Columbia Court of Appeal 80, 130, 164, 177 British Columbia Supreme Court 78 but for test 3, 5, 44. Canada Alberta Supreme Court 41, 79 Index abnormality. see normality; reasonableness test absence of tests 6 7, 259 accident insurance policies 143 4 accidental shootings dangerous chattels and substances 237 8 intervening conduct of children

More information

Structuring Your Settlement. A guide to Structured Settlements in Canada

Structuring Your Settlement. A guide to Structured Settlements in Canada Structuring Your Settlement A guide to Structured Settlements in Canada Our mission statement: To provide knowledge and creativity in assisting the Insurance and Legal industries with our experienced,

More information

C H I N A L E G A L B R I E F I N G * 2 1 0

C H I N A L E G A L B R I E F I N G * 2 1 0 C H I N A L E G A L B R I E F I N G * 2 1 0 ARCH 8 14, 2010 MARCH * CHINA LEGAL BRIEFING is a weekly collection of Chinese law related news gathered from various media and news services, edited by - LAW

More information

Comparative tables. CPSS Red Book statistical update 427

Comparative tables. CPSS Red Book statistical update 427 CPSS Red Book statistical update 427 January 2013 Table 1 Basic statistical data GDP (USD billions) 1 Population (millions, yearly average) Australia 952 1,050 999 1,246 1,500 21.1 21.4 21.8 22.1 22.4

More information

SPAIN. The procedure that follows after an accident varies from case to case: criminal, civil or administrative proceedings, as the case may demand.

SPAIN. The procedure that follows after an accident varies from case to case: criminal, civil or administrative proceedings, as the case may demand. SPAIN 1. Actions to take immediately after road traffic accidents In the event of an accident involving personal injury, the police must be alerted on 091, 092 or 112. All parties involved must remain

More information

Delivering Justice in an Age of Austerity

Delivering Justice in an Age of Austerity Delivering Justice in an Age of Austerity A Report by JUSTICE Chair of the Committee The Rt. Hon Sir Stanley Burnton ANNEXE. SUMMARY NOTE ON LEGAL EXPENSES INSURANCE Introduction This note summarises

More information

THE MOTOR INSURERS BUREAU OF SINGAPORE

THE MOTOR INSURERS BUREAU OF SINGAPORE 456 Singapore Academy of Law Journal (1998) THE MOTOR INSURERS BUREAU OF SINGAPORE WHAT IS AN MIB AND WHAT IS ITS ROLE? To appreciate this it will be useful to take a look at the first Motor Insurers Bureau

More information

Personal Injury Accident Claims 2011 You still need a Solicitor.

Personal Injury Accident Claims 2011 You still need a Solicitor. Personal Injury Accident Claims 2011 You still need a Solicitor. Subsequent to the passing of the Personal Injuries Assessment Board Act 2003 and the Civil Liability & Courts Act 2004 Brian Morgan wrote

More information

INFORMATION NOTE. Scope of legal aid services in selected places

INFORMATION NOTE. Scope of legal aid services in selected places INFORMATION NOTE Scope of legal aid services in selected places 1. Background 1.1 In Hong Kong, under the Supplementary Legal Aid Scheme (SLAS), legal aid is currently available for cases involving personal

More information

LEGAL AID ADVISORY COMMITTEE REVIEW INTO ESTABLISHING A CONTINGENCY LEGAL AID FUND IN NORTHERN IRELAND

LEGAL AID ADVISORY COMMITTEE REVIEW INTO ESTABLISHING A CONTINGENCY LEGAL AID FUND IN NORTHERN IRELAND LEGAL AID ADVISORY COMMITTEE REVIEW INTO ESTABLISHING A CONTINGENCY LEGAL AID FUND IN NORTHERN IRELAND WRITTEN SUBMISSIONS OF THE ASSOCIATION OF PERSONAL INJURY LAWYERS 1. The Association of Personal Injury

More information

Our Personal Injury Guidebook

Our Personal Injury Guidebook Our Personal Injury Guidebook Partnering with you on your road to recovery 2 Table of Contents Injured? You Must Take the Following Steps........... 3 Our Promise to Our Clients.................... 4 At

More information

Structured Settlements

Structured Settlements 1 Kelvin Thomson, MP Shadow Assistant Treasurer Grievance Debate Federal Parliament Canberra Australia Monday 26 June 2000 Structured Settlements Few people would not be moved by hearing the words of Sydney

More information

The Internationalization of Higher Education: Foreign Doctorate Holders in a Russian Academic Market as Agents of Transformation

The Internationalization of Higher Education: Foreign Doctorate Holders in a Russian Academic Market as Agents of Transformation The Internationalization of Higher Education: Foreign Doctorate Holders in a Russian Academic Market as Agents of Transformation Olessia Kirtchik, National Research University Higher School of Economics

More information

AGAINST THIRD PARTY CLAIMS

AGAINST THIRD PARTY CLAIMS COMPULSORY - INSURANCE OF MOTOR VEHICLES AGAINST THIRD PARTY CLAIMS Between 1936 and 1943 all States in Australia introduced legislation to compel owners of motor vehicles to insure against liability to

More information

www.mcdermottqc.com Legal Aid, Sentencing and Punishment of Offenders Bill: Implications for Personal Injury Litigation

www.mcdermottqc.com Legal Aid, Sentencing and Punishment of Offenders Bill: Implications for Personal Injury Litigation www.mcdermottqc.com Legal Aid, Sentencing and Punishment of Offenders Bill: Legal Aid, Sentencing and Punishment of Offenders Bill: The Legal Aid, Sentencing and Punishment of Offenders Bill covers a wide

More information

STRUCTURED SETTLEMENTS WORKING PARTY

STRUCTURED SETTLEMENTS WORKING PARTY STRUCTURED SETTLEMENTS WORKING PARTY This paper considers the possible application of structured settlements in personal injury compensation. We consider the advantages and disadvantages of alternative

More information

THE CLAIMS-SETTLING PROCESS

THE CLAIMS-SETTLING PROCESS HSRC THE CLAIMS-SETTLING PROCESS 181 17 THE CLAIMS-SETTLING PROCESS 17.1 INTRODUCTION Road accident victims or their dependents may lodge a claim with the RAF within three years of an accident. In the

More information

Regional Variations of Compensation Awards: The Quantum of Damages in Personal Injury and Wrongful Death Claims in Western Europe

Regional Variations of Compensation Awards: The Quantum of Damages in Personal Injury and Wrongful Death Claims in Western Europe The Geneva Papers on Risk and Insurance, 15 (No. 56, July 1990), 337-343 Regional Variations of Compensation Awards: The Quantum of Damages in Personal Injury and Wrongful Death Claims in Western Europe

More information

THE SUPREME COURT OF APPEAL OF SOUTH AFRICA JUDGMENT THE ROAD ACCIDENT FUND ELIZABETH JEMMA SWEATMAN

THE SUPREME COURT OF APPEAL OF SOUTH AFRICA JUDGMENT THE ROAD ACCIDENT FUND ELIZABETH JEMMA SWEATMAN THE SUPREME COURT OF APPEAL OF SOUTH AFRICA JUDGMENT Reportable Case No: 162/2014 In the matter between: THE ROAD ACCIDENT FUND Appellant and ELIZABETH JEMMA SWEATMAN Respondent Neutral Citation: RAF v

More information

The Modern Law of Negligence

The Modern Law of Negligence The Modern Law of Negligence Third Edition RABuckleyMA,DPhil of Lincoln's Inn, Barrister Professor of Law, University of Reading Butterworths London, Dublin, Edinburgh 1999 Contents Preface to the third

More information

Those who succeeded often received significant amounts in lump sum awards of damages.

Those who succeeded often received significant amounts in lump sum awards of damages. ACC Basic Overview BACKGROUND The present Accident Compensation Act is called the Injury Prevention Rehabilitation and Compensation Act 2001 Act is the fifth major Act in 28 years dealing with our No Fault

More information

VIRGINIA ACTS OF ASSEMBLY -- 2015 SESSION

VIRGINIA ACTS OF ASSEMBLY -- 2015 SESSION VIRGINIA ACTS OF ASSEMBLY -- 2015 SESSION CHAPTER 585 An Act to amend and reenact 38.2-2206 of the Code of Virginia and to amend the Code of Virginia by adding in Article 7 of Chapter 3 of Title 8.01 a

More information

Munkman on Damages for Personal Injuries and Death

Munkman on Damages for Personal Injuries and Death Munkman on Damages for Personal Injuries and Death Twelfth edition Gordon BA (Warwick) of Lincoln's Inn, Barrister Foreword to the twelfth edition by Julian Goose QC Preface to the twelfth edition Preface

More information

Assessing Damages Under Section 151Z: An Interaction of Schemes

Assessing Damages Under Section 151Z: An Interaction of Schemes Assessing Damages Under Section 151Z: An Interaction of Schemes Andrew Parker Barrister Henry Parkes Chambers Ty Hickey Barrister State Chambers 1 Calculating damages under s 151Z(2) of the Workers Compensation

More information

MOTOR VEHICLE ACCIDENT CLAIMS ACT

MOTOR VEHICLE ACCIDENT CLAIMS ACT Province of Alberta MOTOR VEHICLE ACCIDENT CLAIMS ACT Revised Statutes of Alberta 2000 Chapter M-22 Current as of April 1, 2015 Office Consolidation Published by Alberta Queen s Printer Alberta Queen s

More information

Chapter 4 Crimes (Review)

Chapter 4 Crimes (Review) Chapter 4 Crimes (Review) On a separate sheet of paper, write down the answer to the following Q s; if you do not know the answer, write down the Q. 1. What is a crime? 2. There are elements of a crime.

More information

A practical guide to assessing economic loss. David Heath and Corey Plover. CumpstonSarjeant

A practical guide to assessing economic loss. David Heath and Corey Plover. CumpstonSarjeant A practical guide to assessing economic loss David Heath and Corey Plover CumpstonSarjeant C O N S U L T I N G A C T U A R I E S These notes have been written for the Australian Lawyers Alliance, Seminar

More information

CEPU Representatives Guidelines Australia Post Workers Compensation

CEPU Representatives Guidelines Australia Post Workers Compensation CEPU Representatives Guidelines Australia Post Workers Compensation Introduction This Union Representatives Guide provides information on the following rights and entitlements of workers' compensation

More information

WORKPLACE COMPENSATION CLAIM SUCCESS

WORKPLACE COMPENSATION CLAIM SUCCESS WORKPLACE COMPENSATION CLAIM SUCCESS THE 6 MOST COMMON MISTAKES PEOPLE MAKE What you need to know to make sure you have a successful workers compensation claim At Garling & Co we have dealt with thousands

More information

Have you or someone you know suffered a personal injury? TIPS TO MAXIMIZE COMPENSATION

Have you or someone you know suffered a personal injury? TIPS TO MAXIMIZE COMPENSATION Have you or someone you know suffered a personal injury? TIPS TO MAXIMIZE COMPENSATION If you have suffered a personal injury it is important to consider all potential sources of compensation. A personal

More information

South Australia LAW REFORM (CONTRIBUTORY NEGLIGENCE AND APPORTIONMENT OF LIABILITY) ACT 2001

South Australia LAW REFORM (CONTRIBUTORY NEGLIGENCE AND APPORTIONMENT OF LIABILITY) ACT 2001 South Australia LAW REFORM (CONTRIBUTORY NEGLIGENCE AND APPORTIONMENT OF LIABILITY) ACT 2001 An Act to reform the law relating to contributory negligence and the apportionment of liability; to amend the

More information

PLEASE NOTE. For more information concerning the history of this Act, please see the Table of Public Acts.

PLEASE NOTE. For more information concerning the history of this Act, please see the Table of Public Acts. PLEASE NOTE This document, prepared by the Legislative Counsel Office, is an office consolidation of this Act, current to December 19, 2009. It is intended for information and reference purposes only.

More information

Order of creditor and shareholder ranking on a company s insolvency

Order of creditor and shareholder ranking on a company s insolvency Order of creditor and shareholder ranking on a company insolvency This table is part of the PLC multi-jurisdictional guide to restructuring and insolvency law. For a full list of jurisdictional Q&As visit

More information

Legislative Council Panel on Administration of Justice and Legal Services. Compensation for Wrongful Conviction

Legislative Council Panel on Administration of Justice and Legal Services. Compensation for Wrongful Conviction For discussion on 25 March 2014 Legislative Council Panel on Administration of Justice and Legal Services Compensation for Wrongful Conviction BACKGROUND At the Panel meeting of 28 January 2014, Members

More information