Join a panel of speakers from 39 Essex Chambers over the course of two days as we take a look at recent developments in relation to Liquidated Damages (LDs).
LD clauses can provide a remedy that is predictable and certain. They can avoid the difficult, time-consuming and potentially expensive task of quantifying damages. But drafting an enforceable clause is not straightforward and when a dispute breaks out, it is not always clear whether such a clause will be upheld by Judges, Adjudicators and Arbitrators.[Continue reading]