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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>54986</law_id><section_number>59.1-508.7</section_number><catch_line>Measurement of damages in general</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>59.1-508.8</reference><reference>59.1-508.9</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="1" identifier="43">Uniform Computer Information Transactions Act</unit><unit label="article" level="3" order_by="1" identifier="8">Remedies</unit></structure><text>
						<section id="a"><p><span class="prefix-number">a.</span> Except as otherwise provided in the <span class="dictionary">contract</span>, an <span class="dictionary">aggrieved party</span> may not recover compensation for that part of a loss which could have been avoided by taking measures reasonable under the circumstances to avoid or reduce loss. The burden of establishing a failure of the <span class="dictionary">aggrieved party</span> to take measures reasonable under the circumstances is on the party in breach of <span class="dictionary">contract</span>. <a id="paragraph-201702" class="section-permalink" href="https://vacode.org/59.1-508.7/#a"><i class="fa fa-link"/></a></p></section>
						<section id="b"><p><span class="prefix-number">b.</span> A party may not recover: <a id="paragraph-201703" class="section-permalink" href="https://vacode.org/59.1-508.7/#b"><i class="fa fa-link"/></a></p></section>
						<section id="b1" class="indent-1"><p><span class="prefix-number">1.</span> consequential <span class="dictionary">damages</span> for losses resulting from the content of published informational content unless the agreement expressly so provides; or <a id="paragraph-201704" class="section-permalink" href="https://vacode.org/59.1-508.7/#b1"><i class="fa fa-link"/></a></p></section>
						<section id="b2" class="indent-1"><p><span class="prefix-number">2.</span> <span class="dictionary">damages</span> that are speculative. <a id="paragraph-201705" class="section-permalink" href="https://vacode.org/59.1-508.7/#b2"><i class="fa fa-link"/></a></p></section>
						<section id="c"><p><span class="prefix-number">c.</span> The remedy for breach of <span class="dictionary">contract</span> for disclosure or misuse of information that is a trade secret or in which the <span class="dictionary">aggrieved party</span> has a right of confidentiality includes as consequential <span class="dictionary">damages</span> compensation for the benefit obtained as a result of the breach. <a id="paragraph-201706" class="section-permalink" href="https://vacode.org/59.1-508.7/#c"><i class="fa fa-link"/></a></p></section>
						<section id="d"><p><span class="prefix-number">d.</span> For purposes of this chapter, market value is determined as of the date of breach of <span class="dictionary">contract</span> and the place for performance. <a id="paragraph-201707" class="section-permalink" href="https://vacode.org/59.1-508.7/#d"><i class="fa fa-link"/></a></p></section>
						<section id="e"><p><span class="prefix-number">e.</span> <span class="dictionary">Damages</span> or expenses that relate to events after the date of entry of <span class="dictionary">judgment</span> must be reduced to their <span class="dictionary">present value</span> as of that date. In this subsection, &#x201C;<span class="dictionary">present value</span>&#x201D; means the amount, as of a date certain, of one or more sums payable in the future or the value of one or more performances due in the future, discounted to the date certain. The discount is determined by the interest rate specified by the parties in their agreement unless that rate was manifestly unreasonable when the agreement was entered into. Otherwise, the discount is determined by a commercially reasonable rate that takes into account the circumstances of each case when the agreement was entered into. <a id="paragraph-201708" class="section-permalink" href="https://vacode.org/59.1-508.7/#e"><i class="fa fa-link"/></a></p></section></text><history>2000, cc. 101, 996.</history><metadata></metadata></law>
