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Clayton Utz | Australia | 29 Apr 2021
Liquidated damages of $1 per day applied, and no additional diminution of value damages awarded despite seven month delay to completion
In Cappello v Hammond & Simonds NSW Pty Ltd [2021] NSWCA 57 the Court of Appeal addressed the availability of delay damages for diminution in the…
Gan Partnership | Malaysia | 23 Mar 2021
Contractors' claims in adjudication against subcontractors
When a contractor takes over its subcontractor's works, can the contractor make a claim in adjudication against the subcontractor? Scenarios such as…
Clayton Utz | Australia, Singapore, United Kingdom | 18 Feb 2021
Take care when drafting liquidated damages clauses in your multi-jurisdictional contract
The Supreme Court of Singapore, in the judgment of Denka Advantech Pte Ltd and another v Seraya Energy Pte Ltd and another and other appeals [2020]…
Gan Partnership | Malaysia | 16 Feb 2021
Housing developers beware - aftermath of PJD
The Federal Court recently delivered a landmark decision concerning the delay of delivery of vacant possession for Schedule G and H-type contracts…
Duane Morris LLP | USA | 9 Feb 2021
违约金在英美法合同中有效吗？
我们经常在中国法管辖的合同中看到违约金/罚金这样的条款，常常规定如果合同一方不如约履行合同，则需要支付一定数额的违约金给对方。根据我国《合同法》规定，我国对于损害赔偿的范围采纳的是可预见性标准，同样该标准也适用于违约金条款，即违约金不仅可以包括因违约造成的实际损失，还可以包括合同履行后的可得利益。…
King & Wood Mallesons | China, Hong Kong, Singapore, etc. | 5 Feb 2021
An update on international legal positions——Liquidated damages
In cross-border transactions, parties commonly insert a “liquidated damages” clause in their contracts. Such a clause clearly stipulates the amount of…
King & Wood Mallesons | United Kingdom | 29 Jan 2021
国际法律立场新动态——违约金
在跨境交易中，当事方通常会在合同中加入“违约金”条款，明确规定违约方应就违约行为支付的违约金金额。此类条款旨在防止当事方违反合同…
Vedder Price PC | USA | 27 Aug 2020
Recent Liquidated Damages Decision Favorable to Aircraft (and Other) Lessors
These are turbulent times for aircraft lessors and lenders, especially those involved in large lease and financing transactions involving airline…
White & Case LLP | Singapore, United Kingdom | 21 Aug 2020
Claims For Liquidated Damages Against Subcontractors
Main contractors often make claims against subcontractors for liquidated damages for delay. A question that sometimes arises is whether liquidated…
Horizons & Co Law Firm | United Arab Emirates | 18 Aug 2020
Liquidated Damages In Construction Contracts/Disputes
Construction contracts almost always contain a liquidated damages clause allowing the employer to claim compensation for a contractor's failure to…
