Feb 16, 2022 04:13
2 yrs ago
35 viewers *
English term

loss of power

English Law/Patents Law: Contract(s)
It is in a list of damages not covered:

...loss of power, loss of use, loss of revenue,...

Wondering if it is literal (as typical in legal translation), that is, a loss of electricity, but it is weird to be listed alongside business terms (use, revenue, profit).
Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): Yvonne Gallagher

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Discussion

Paul O'Brien Feb 24, 2022:
@AllegroTrans You most certainly can claim damages for power outages, though only for production underway at the time of the black out. So, you can claim for the lost sales for the bread that was in the oven when the lights went out. But if the outage is prolonged for, say, ten days, you cannot claim for the sales lost for anything that never entered the oven over those ten days. That, at any rate, according to Tort Law. No doubt you can find an insurance policy that will cover you for lost earnings in such circumstances.

Responses

+5
7 hrs
Selected

loss of electricity

Loss of Power Can Mean Loss of Income

Business interruption coverage (also known as business income coverage) can be extended to include losses due to interruptions in utility services. Utility Services-Time Element provides coverage for a loss of income due to interruption of power, water supply, and communications. The business owner may select coverage for any or all of these utilities. This form pays loss of profit plus continuing expenses, up to the selected limit or until service is restored.
http://blog.central-insurance.com/2014/07/09/loss-of-power-c...
Note from asker:
Thank you, Phil.
Peer comment(s):

agree Paul O'Brien
1 min
Thanks! That's funny, we must have posted at about 7:59:30 and 8:00:30.
agree Luis M. Sosa
2 hrs
agree Andre S. M. Pires
2 hrs
agree Tina Vonhof (X)
3 hrs
agree AllegroTrans
12 hrs
Something went wrong...
4 KudoZ points awarded for this answer.
3 hrs

Loss of authority or qualification or right

Just a suggestion
Peer comment(s):

agree Clauwolf
3 hrs
neutral philgoddard : It's definitely not this. Power has negative connotations - for example, Putin is trying to regain Russia's declining power by threatening to invade Ukraine. You can't insure against losing it.
4 hrs
neutral Paul O'Brien : Power is a word to be avoided in a corporate context. At most powers of proxy.
4 hrs
disagree AllegroTrans : You don't get paid damages or make insurance claims for losing power, quite wrong
17 hrs
Something went wrong...
+3
8 hrs

power outage

Why not a power outage? You lose the use of the machine and you lose revenue. It's axiomatic.
Peer comment(s):

agree Natalia Potashnik
8 hrs
agree Shera Lyn Parpia
1 day 33 mins
agree Yvonne Gallagher
2 days 2 hrs
Something went wrong...
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