Phoenix Legal | India | 13 Apr 2023
There are few controversies under the indirect taxes that refuse to settle down. One such issue is related to the taxability of ‘Liquidated Damages’…
Hassan Elhais | United Arab Emirates | 3 Mar 2023
In the UAE, all commercial activity, including that of construction, is regulated by the UAE Commercial Transactions Law. However, since these…
JSA | India | 24 Feb 2023
In the case of State Bank of India v. Moser Baer Karamachari Union & Ors., the Supreme Court of India ("Supreme Court") has upheld the order of the…
Zhong Lun Law Firm | China | 14 Dec 2022
在众多房地产企业出现流动性问题的大背景下,债务重组成为房地产项目化解危机的重要方式之一。房地产项目的融资通常都附有保证、股权…
Bowditch & Dewey LLP | USA | 6 Dec 2022
In its December 5, 2022 slip opinion for Cummings Properties, LLC v. Darryl C. Hines, No. 21-P-1153, the Massachusetts Appeals Court held that a…
Schulte Roth & Zabel LLP | USA | 14 Nov 2022
Because Congress has not clearly abrogated the solvent-debtor exception,” the U.S. Court of Appeals for the Fifth Circuit held that a reorganized…
Snell & Wilmer LLP | USA | 9 Nov 2022
Liquidated damages provisions in commercial and residential real estate contracts play a vital role when a transaction goes south, and should be…
Penningtons Manches Cooper LLP | United Kingdom | 26 Oct 2022
The Technology and Construction Court (TCC) has handed down another judgment on the enforceability of liquidated damages provisions in building…
Troutman Pepper | USA | 6 Oct 2022
The case involved cleanup and environmental remediation of a vacant factory contaminated with polychlorinated biphenyls and asbestos. The town of New…
Zhong Lun Law Firm | China | 22 Jul 2022
根据《民法典》第五百八十五条,违约金条款是民事法律关系中违约责任的重要条款之一,当事人可以约定一方违约时应当根据违约情况向对方…