Read the full judgment text of HCPI 235/2011 on BabelCite. This High Court CFI judgment was delivered on 18 September 2012.
1. On 7 March 2012, the Privy Council in Simon v Helmot [1] upheld the decision of the Court of Appeal of Guernsey which held that the net rate of return in Guernsey, to be used to calculate the multiplier for future losses that were not earnings related, was 0.5%, and that the net rate of return for calculating earnings related elements of future losses was a negative rate of -1.5%. These rates of return resulted in substantially higher multipliers being adopted, and a substantial increase in t
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