Consideration of vehicle amortization in seeking compensation


	Law and Politics Reference: Volkonitin A.S. Consideration of vehicle amortization in seeking compensation // Law and Politics. 2016. № 11. P. 1423-1426. URL: https://en.nbpublish.com/library_read_article.php?id=52733 Volkonitin A.S. Consideration of vehicle amortization in seeking compensation Abstract: The object of this research is the scientific works, legislation, Russian and foreign judicial practice, and Resolution of the Plenum of the Supreme Court of the Russian Federation No. 25 from June 23, 2015 “On Court Application of Certain Positions of the Section 1 of Part 1 of the Civil Code of the Russian Federation” on the part of solving the issue of consideration of amortized value in seeking compensation. The subject of this research is the approaches of Russian and foreign legislation and judicial practice towards the issue of consideration of the amortization in compensation for damages to a vehicle. Based on the conducted research, the author concludes that the position of the Paragraph 2 of Subsection 13 of the Resolution of the Plenum of the Supreme Court of the Russian Federation No. 25 from June 23, 2015 is not scientifically substantiated and is not a result of the interpretation of the norms of civil legislation. Compensation of damages caused to the owner of a vehicle with consideration of amortization does not have convincing and sufficient grounds in civil legislation, and Russian and foreign judicial practice. The scientific novelty consists in the fact that this research is conducted based on the new case study, as well as a complex analysis of the approaches of the foreign judicial practice. Keywords: Fair market value, Actual value, Repair, Damages, Property damage, Insurance, Full compensation, Amortization, Vehicle, Depreciation This article can be downloaded freely in PDF format for reading. Download article References 1. «Byulleten' Verkhovnogo Suda RF», № 8, avgust, 2015. 2. O. S. Ioffe. Obyazatel'stva o vozmeshchenii vreda. 1952. S. 25. O. S. Ioffe. Izbrannye trudy po grazhdanskomu pravu: Iz istorii tsivillisticheskoy mysli. Grazhdanskoe pravootnoshenie. Kritika teorii «khozyaystvennogo prava». — M.: «Statut». 2000. S. 484. 3. American Reliance Insurance Company v. Perez, 689 So. 2d 290 (Fla. 3d DCA 1997). 4. Measure of Damages in Property Loss Cases. John W. Reis // The Florida Bar Journal. October, 2002 Volume LXXVI, No. 9. P. 32. 5. Courtney Enterprises, Inc. v. Publix Supermarkets, Inc., 788 So. 2d 1045 (Fla. 2d D.C.A. 2001); American Equity Insurance Co. v. Van Ginhoven, 788 So. 2d 388, 391 (Fla. 5th D.C.A. 2001). 6. U.S. Steel Corp. v. Benefield, 352 So. 2d 892, 894–95 (Fla. 2d DCA 1977), cert. denied, 364 So. 2d 881 (Fla. 1978). 7. Hand Electronics, Inc. v. Snowline Joint Unified School District, (1994) 21 Cal. App.4th 862, 870. 8. Recovering property damages under California law. Ned Tolbert, Esq. & Thomas Dunford, Esq. https://www.cozen.com/admin/files/publications/toldun1710009.pdf [29.06.2014]. 9. Doelger & Kirsten, Inc. v. National Union Fire Insurance Company of Pittsburgh, Pennsylvania (1969) 42 Wis. 2d 518; 167 N.W. 2d 198. 10. Kodeks ciwilny. Wolters Kluwer Polska Sp. z. o. o. 23 wydanie. 2011. 11. Uchwała składu 7 sędziów Sądu Najwyższego z dnia 12 kwietnia 2012 r. (sygn. akt III CZP 80/11). Wersja elektroniczna: http://www.sn.pl/sprawy/SiteAssets/Lists/Zagadnienia_prawne/ EditForm/III-CZP-0080_11.pdf [29.06.2014].

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Volkonitin A.S. Consideration of vehicle amortization in seeking compensation