What is the test for a claim for loss of income based on a projected expansion of the business?
British Columbia, Canada
The following excerpt is from Rousta v. MacKay, 2017 BCSC 644 (CanLII):
In Bricker v. Danyk, 2015 BCSC 2404, I considered a similar claim for loss of income based on a projected expansion of a business that the plaintiff alleged would have occurred but for the accident and suggested a number of factors that the court may consider, at paras. 150-51:
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.
Other Questions
Is resolution of an important part of a claim against a party in a personal injury claim against the other party to the claim substantially less impact on the balance of the claim? (British Columbia, Canada)
Does a formal offer to settle a claim against a plaintiff be apportioned costs based upon division of liability based upon a division of costs based on division of liabilities? (British Columbia, Canada)
Is a self-employed real estate agent who receives income through his Personal Preference Tax Credit (PTC) entitled to income from a spouse's pre-tax income? (British Columbia, Canada)
What is the test for advancing a claim under a plaintiff’s right to claim for diminished income? (British Columbia, Canada)
Is a party’s income for income tax purposes considered income for purposes of determining child support obligations? (British Columbia, Canada)
Can an economist's projections based on a multiplier of annual income be used to assess future loss? (British Columbia, Canada)
Are expenses claimed against commission income or self-employment income for child and spousal support purposes? (British Columbia, Canada)
Is a husband's contribution to a business considered a family asset in determining if the business asset is a business asset? (British Columbia, Canada)
How have the courts in BC considered a claim for spousal support based on income disparity? (British Columbia, Canada)
In what circumstances will the Director of Directors of a Corporation be able to claim that a claim against the Corporation is based on an allegation that the Corporation has not paid the Director a fair share of the proceeds of litigation? (British Columbia, Canada)
