header-logo header-logo

30 September 2010
Issue: 7435 / Categories: Legal News
printer mail-detail

Record PI payment

A former Commonwealth Games cyclist, Manny Helmot, has been awarded £14m—believed to be the largest sum ever granted in a personal injury case in the UK.

A former Commonwealth Games cyclist, Manny Helmot, has been awarded £14m—believed to be the largest sum ever granted in a personal injury case in the UK.

The award, by Guernsey’s Court of Appeal last month in Helmot v Simon followed a previous hearing at which Helmot was awarded £9m. However, Mourant Ozannes partner Gordon Dawes, who represented Helmot, successfully argued that the “discount rate” used to calculate the total lump sum awarded was unfair and did not accurately reflect Guernsey’s retail price index, the impact of wage inflation or the losses incurred by Helmot through loss of future earnings and the cost of care.

Robert Shepherd, managing partner of Mourant Ozannes, says Helmot had secured the UK’s largest ever personal injury compensation payout, an outcome with implications for future personal injury hearings in the Channel Islands and the UK. “This is a highly technical area of law and a landmark case

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Anthony Collins—William Hallett & Lorna Scully

Anthony Collins—William Hallett & Lorna Scully

Anthony Collins hires two talented legal directors

Switalskis—five appointments

Switalskis—five appointments

Firm expands national abuse compensation team

Mathys & Squire—nine promotions

Mathys & Squire—nine promotions

IP firm announces new partners and senior promotions across UK offices

NEWS
A High Court ruling has sent a jolt through the legal profession after a newly qualified solicitor used an internal AI tool to produce court correspondence containing a fabricated legal citation
A significant data privacy ruling has clarified what counts as valid consent under UK data protection law
Executors may be overlooking billions of pounds in estate assets hidden in forgotten investments and misplaced share certificates
Britain’s booming non-surgical cosmetics market is operating in what some critics describe as a regulatory ‘Wild West’
Family contact disputes are becoming an increasingly prominent feature of Court of Protection litigation
back-to-top-scroll