Periodical Payments – 12KBW International & Travel Law Blog

Jersey: Draft Legislation in respect of discount rates and PPOs has been approved

January 30, 2019 James Beeton Discount Rate, Periodical Payments

This blog post is by William Audland QC of 12 King’s Bench Walk. Following my earlier posts – for a summary on the discount rates see here – the Draft Damages (Jersey) Law 201 (as amended by Amendment P1.131/2018) to set a statutory discount rate and to create a statutory power to make a PPO…

Jersey: draft legislation on discount rates gathering pace

October 31, 2018 James Beeton Discount Rate, Periodical Payments

This is an update by William Audland QC to his recent blog on the Draft Damages (Jersey) Law 201 (available here). Following my post earlier this week it now appears that the Draft Damages (Jersey) Law 201 -designed to set a statutory discount rate and to create a statutory power to make a PPO – is being…

Periodical payments and discount rates: Jersey now leading the way?

October 28, 2018 James Beeton Discount Rate, Periodical Payments

This blog is by William Audland QC of 12 King’s Bench Walk. Following a trial this summer, judgment is presently awaited on the following questions: (1) whether Jersey customary law permits the making of a PPO; and (2) the determination of the appropriate discount rates in Jersey. Judgment is awaited. In a surprise development last…

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Category: Periodical Payments