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@Eejit
Kind of feel like you are being too reasonable here. Guy dropped a heavy object from 20 odd feet and it crashed into your garden. Good job it was your bike it landed on and not like a human being or a pet or something equally squishy and irreplaceable. Maybe the more they have to pay out maybe the more carefully they will think about appropriate health & safety from here. Call it danger money.
Edit: hadn’t seen the post about him being financially fucked, maybe take what you can and call it even