Lavarack v Woods of Colchester Ltd

Subject Matter

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 — 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

[1967] 1 QB 278; [1966] 3 WLR 706; [1966] 3 All ER 683; 1 KIR 312, CA