Watch this two part webinar on deconstructed liquidated damages, Paul Darling and Richard Wilmot-Smith review recent developments alongside a number of barristers from 39 Essex Chambers.
Liquidated damages clauses can provide a remedy that is predictable and certain. The difficult, time-consuming and potentially expensive task of quantifying damages is avoided. But drafting an enforceable clause is not straightforward and when a dispute breaks out, it is not always clear whether a liquidated damages clause will be upheld by Judges, Adjudicators and Arbitrators.
Run in two parts, over successive days, this webinar looks at some of the recently answered and the remaining unanswered questions relating to liquidated damages provisions under English law.[Continue reading]