Feb 13, 2022 19:50
2 yrs ago
25 viewers *
English term
United Kingdom
reliable interpreting/translation
Native in: Polish 
Works in: English to Polish, Polish to English, English, and 1 more.
damages net of sums recoverable (benefits) by the Compensation Recovery Unit.
English
Law/Patents
Law: Contract(s)
A clause in a conditional fee agreement:
The Success Fee is also capped at 25% of the total amount of:
general damages for pain suffering and loss of amenity; and
damages for pecuniary loss, other than future pecuniary loss.
The cap is applicable to damages net of sums recoverable (benefits) by the Compensation Recovery Unit.
Please help me understand this sentence. I have read about the Compensation recovery Unit but I'm still unclear as to the exact meaning. Does it mean that CRU can recover from net damages a capped amount for benefits someone received?
The Success Fee is also capped at 25% of the total amount of:
general damages for pain suffering and loss of amenity; and
damages for pecuniary loss, other than future pecuniary loss.
The cap is applicable to damages net of sums recoverable (benefits) by the Compensation Recovery Unit.
Please help me understand this sentence. I have read about the Compensation recovery Unit but I'm still unclear as to the exact meaning. Does it mean that CRU can recover from net damages a capped amount for benefits someone received?
Responses
| 3 +2 | any damages that can be recovered minus sums recoverable (benefits) by the Compensation Recovery Uni |
David Hollywood
|
References
| Background |
AllegroTrans
|
Responses
+2
9 mins
David Hollywood
Native in English
&
English
worked for int. orgs (IMF, OAS, IDB)
Native in: English
Works in: Spanish to English, German to English
Related KudoZ points
:
43
Selected
any damages that can be recovered minus sums recoverable (benefits) by the Compensation Recovery Uni
is the idea
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Note added at 16 mins (2022-02-13 20:07:00 GMT)
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"net" is the key here
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Note added at 16 mins (2022-02-13 20:07:00 GMT)
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"net" is the key here
Peer comment(s):
| agree |
AllegroTrans
: yes, net of = minus:
Ewa: Cześć! You once did some interpreting for me. Best regards, Chris
2 hrs
|
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thanks Chris
|
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| agree |
mike23
: 'net of' - see discussion
17 hrs
|
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thanks Mike
|
4 KudoZ points awarded for this answer.
Comment: "Thank you David. It's clear now."
Reference comments
2 hrs
AllegroTrans
United Kingdom
United Kingdom
Native in English
&
English
Specializes in field
United Kingdom
Sensible solutions
Native in: English (Variant: Wessexois) 
Works in: French to English, English, English to French
Related KudoZ points
:
28
Reference:
Background
The Compensation Recovery Unit (CRU), as part of Department for Work and Pensions (DWP), works with insurance companies, solicitors and any DWP customers, to recover:
- amounts of social security benefits paid as a result of an accident, injury or disease, if a compensation payment has been made (the Compensation Recovery Scheme)
- costs incurred by NHS hospitals and Ambulance Trusts for treatment from injuries from road traffic accidents and personal injury claims (Recovery of NHS Charges)
- amounts of social security benefits paid as a result of an accident, injury or disease, if a compensation payment has been made (the Compensation Recovery Scheme)
- costs incurred by NHS hospitals and Ambulance Trusts for treatment from injuries from road traffic accidents and personal injury claims (Recovery of NHS Charges)
Note from asker:
| Cześć thank you I'd seen it before I posted the question but I was still unsure about the meaning but it makes sense now. Thanks |
Discussion
https://forum.wordreference.com/threads/net-of-something-in-...
https://pakaccountants.com/what-is-meant-by-the-term-net-of/
https://www.proz.com/kudoz/english/bus-financial/525768-what...