The Weekly Law Reports
[1966] 3 WLR 706
[COURT OF APPEAL]
LAVARACK
v.
WOODS OF COLCHESTER LTD.
[1964 L. No. 2853]
1966 June 20,
21,
22;
July 19
July 19
LORD DENNING M.R., DIPLOCK and RUSSELL L.JJ.
Damages
— Earnings, loss of
— Wrongful dismissal
— Salary and bonus
— Employer no contractual obligation to pay bonus
— Consent of employer required before employee could invest in another company
— Bonus scheme ended after dismissal
— Calculation of loss
— Whether either future bonuses or increased salary to be taken into account
— Shares bought by employee in competitive company
— Employee able to invest in competitive company and work for company in which he held shares
— Increase in value of shares
— Whether increased value of shares and investment to be taken into account.