Cases - Optical Express (Southern) Ltd v Birmingham City Council

Record details

Name

Optical Express (Southern) Ltd v Birmingham City Council

Date

(2002)

Citation

(unreported)

Keywords

Total extinguishment

Summary

This case is important in that it approves an accountancy-based method for valuing a business for the purposes of assessing compensation based on total extinguishment, rather than the traditional approach previously adopted by the Lands Tribunal. Surveyors should make themselves familiar with this case if they are involved in a claim for total extinguishment.