In international construction arbitration, the use of liquidated damages to address the consequences of failure by a contractor to finish the works by the date set for completion is widespread. Typically, the contractor...more
• The Court of Appeal has held that a clause denying an extension of time to a Contractor if there is concurrent delay is enforceable and is not contrary to the so-called “prevention principle.”
• The Court of Appeal...more
9/14/2018
/ Appeals ,
Claim Procedures ,
Construction Contracts ,
Construction Disputes ,
Construction Industry ,
Construction Project ,
Contractors ,
International Arbitration ,
Land Owners ,
Liquidated Damages ,
No Damage For Delay ,
Property Owners ,
Time Extensions