Unfortunately, As Michael loses several contracts due to the delay in obtaining the replacement equipment, he can recover the amount in sales lost due to this delay as a compensatory damages.
In law, a compensatory damages refers to the money awarded to an injured party that compensate for damages, injury or another incurred loss. This form of damages are awarded in civil court cases where the loss has occurred as a result of the negligence or unlawful conduct of another party.
To be able to receive a compensatory damages, the plaintiff must prove that a loss occurred, it was attributable to the defendant and quantify the amount of loss in the eyes of the jury or judge.
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