Does a plaintiff have a duty to mitigate their losses by taking steps such as closing a business and closing a bank?
British Columbia, Canada
The following excerpt is from Saliken v. Alpine Aerotech Limited Partnership, 2016 BCSC 832 (CanLII):
The plaintiff has a duty to mitigate his losses by taking such steps as a reasonable person in his position would take to secure and maintain his income and his position in his industry, trade or profession: Forshaw v. Aluminex Extrusions Ltd. (1989), 1989 CanLII 234 (BC CA), 39 B.C.L.R. (2d) 140 (C.A.).
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