While main contract suites offer standard dispute resolution clauses, these are often amended in practice. A recent case gives a warning of what happens when such bespoke provisions are not clear.
Originally published by...more
11/16/2023
/ Adjudicatory Process ,
Arbitration ,
Construction Contracts ,
Construction Industry ,
Contract Disputes ,
Contract Terms ,
Dispute Resolution ,
Form Documents ,
Forms ,
New Engineering Contracts (NEC Contracts) ,
Standard Form Contracts ,
Standard Forms ,
UK
A pair of cases in the past two years have come to opposite conclusions about whether general damages can be capped by contract provisions for liquidated damages.
Liquidated damages clauses are a common feature of...more