Plaintiff
Defendant
Other
Facts: Arshdeep Singh Sidhu, the plaintiff, claimed damages against multiple defendants for personal injuries. The case focused on determining the appropriate amount for tax gross-up and management fees related to the lump sum award for future care and loss of income.
Issue: The key issue was how to calculate the tax gross-up and management fees necessary to ensure the plaintiff received full compensation, taking into account the need for investment management services to maintain the award's value over time.
Court's Ruling: The court found the plaintiff entitled to a certain level of investment management advice, considering his significant physical injuries and inability to manage financial affairs. It awarded management fees and tax gross-up, balancing the plaintiff's needs with the cost of financial advice and investment returns.
Costs/Damages Awarded: The court awarded $55,000 for management fees and $1,613,599 for tax gross-up, within the total damages award of $17,129,916.83, which also included non-pecuniary damages, future loss of earning capacity, cost of future care, in-trust claims, and special damages.
Court
Supreme Court of British ColumbiaCase Number
M082472Practice Area
Personal injury lawAmount
$ 17,129,917Winner
PlaintiffTrial Start Date
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