In this second video, Paul summarises the decision of the Supreme Court in Triple Point v PTT on the meaning of negligence in limitation clauses.
On 16th July, the Supreme Court issued judgement in the case of Triple Point Technology and PPT. The appeal raised three main issues, firstly the provision of liquidated damages when contract had been terminated. The second & third issues related to construction of clauses limiting remedies.
In this second video, Paul discusses the construction of clause 12.3, a limitation and liability clause. Paul acted as counsel for Triple Point in the case.