Liquidated Damages and Penalty Clauses

Liquidated Damages and Penalty Clauses

Author: Roger Halson

Publisher: Oxford University Press, USA

Published: 2018-03-08

Total Pages: 240

ISBN-13: 9780198785132

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This, the only book in print to focus on liquidated damages and penalty clauses, analyses the common law jurisdiction to control stipulated damages clauses, and the distinction between enforceable liquidated damages clauses and unenforceable penalty clauses. The first part examines the historical origin of the control of these clauses, the second describes the current control of such clauses and their legal effect, the third critically examines the various rationales that have been proposed to justify their regulation and the final part describes analogous provisions and how to avoid drafting contractual clauses that are rendered unenforceable by the penalty rule. The book examines approaches in several common law jurisdictions in addition to England and Wales, including the United States, Australia, New Zealand, and Canada, and brings together principles developed in distinct commercial law contexts (such as shipping contracts) to enable comparison between particular contractual settings.


Drafting International Contracts

Drafting International Contracts

Author: Marcel Fontaine

Publisher: BRILL

Published: 2009

Total Pages: 675

ISBN-13: 9004176799

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Drafting International Contracts is an essential resource for anyone working in international business. It features the latest trends, fostering an understanding of how international contracts are drafted in practice.


Contract Law in Ireland

Contract Law in Ireland

Author: Robert Clark

Publisher:

Published: 2016-09-30

Total Pages: 836

ISBN-13: 9780414056367

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The eight edition of this bestselling Irish Contract Law text includes a number of important, and landmark, legislative changes that have taken place since the last edition, for example the Assisted Decision-Making (Capacity) Act from late 2015 and many more. Also included in this edition are developments in case law from Irish jurisdictions as well as England and Wales and elsewhere in the Commonwealth. The important doctrinal shifts marked in the previous edition on the convergence of principles that govern Judicial Review in public law and their influence over performance of private law obligations has continued to mark the emergence of good faith standards in the interpretation of promises that, at first, look to be void for uncertainty. There have been similar developments on good faith in regard to the performance of contracts. Changes in the fortunes of Lord Hoffmann's views on principles governing contractual interpretation and implied terms are traced and it will be interesting to see how the Irish courts will respond to such events. The final appellate courts in the United Kingdom, Australia and Ireland have provided important decisions relating to statutory illegality, serving to make the law in all three jurisdictions more responsive to the imperatives that lie behind the statute in question. Recent case law from Ireland, England and Wales, Australia and New Zealand continues to develop the law on promissory estoppel in a contractual setting. Chapter 19, the law relating to damages following on from a breach of contract, has been expanded to take account of added complexities, the uncertainty surrounding the date of breach rule, and some hints about remoteness and consequential loss. Other areas include compensation for non-pecuniary loss, contributory negligence and penalty/liquidated damages clauses. Professor Clark provides a convenient and reliable guide to Irish Contract Law, as located in the context of the English (and Irish) common law tradition


Remedies in Construction Law

Remedies in Construction Law

Author: Roger ter Haar

Publisher: Taylor & Francis

Published: 2017-06-14

Total Pages: 485

ISBN-13: 1317194950

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Remedies in Construction Law brings together various well-established strands of the law and considers practical remedies for breach of contract and tort in connection with construction projects. Now in a fully updated second edition, it covers topics such as: Damages Termination Quantum Meruit Recovery Injunctions Limitation ADR This book continues to be a vital reference to lawyers and construction professionals seeking specialist insight into how remedies function in the construction sector.


Chinese Contract Law

Chinese Contract Law

Author: Larry A. DiMatteo

Publisher: Cambridge University Press

Published: 2017-10-26

Total Pages: 545

ISBN-13: 1107176328

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A unique comparative analysis of Chinese contract law accessible to lawyers from civil, common, and mixed law jurisdictions.


Structuring International Contracts

Structuring International Contracts

Author: Center for International Legal Studies

Publisher: Springer

Published: 1996-09-13

Total Pages: 376

ISBN-13:

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Practising lawyers, each a specialist in his or her field, examine vital provisions in international contracts, including: contract proposals and letters of intent general conditions letters of credit and bank guarantees terms of delivery storage shipment and insurance excusable delay and hardship liquidated damages and penalties warranties and performance guarantees limitation of liability governing law and dispute resolution. The contributors also review a variety of particular types of contracts common in international transactions, including agency and distribution agreements, franchising contracts, licensing agreements, construction contracts, joint venture agreements, and turnkey contracts. The 21 contributors represent 10 jurisdictions and many years of practice in the international sector. Their aim has been to treat each topic from a practitioner's perspective, with emphasis on those issues most relevant to a day-to-day law practice.


The Plurality and Synergies of Legal Traditions in International Arbitration

The Plurality and Synergies of Legal Traditions in International Arbitration

Author: Nayla Comair Obeid

Publisher: Kluwer Law International B.V.

Published: 2024-02-20

Total Pages: 560

ISBN-13: 9403529113

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The cultural diversity characterizing international arbitration today is as much a source of enrichment as it is sometimes a source of practical difficulties affecting both the arbitration procedure and the application of substantive law. Consequently, it is becoming clearer that the critical project for international arbitration in the immediate future will be how to best answer the fundamental question of cultural pluralism. This book presents an informative and well-argued discussion on many aspects of international arbitration, clarifying the main procedural and substantive similarities and differences between different legal systems around the world, focusing not only on common and civil law traditions but also the role played by regional legal traditions including Islamic law and African perspectives. With contributions from fifty arbitrators, counsel, and academics representing every region of the world where international arbitration has secured a foothold, the volume consolidates and synthesizes a series of discussions sponsored by the Chartered Institute of Arbitrators that took place in Dubai, Johannesburg, and Paris in 2017. The essays identify and address the cultural distinctions that affect the key ever-present factors which have forged the character of modern international arbitration, such as the following: the seat of the arbitration and the legal regime to which the arbitration is attached; due process, which has different and specific meanings in different national legal systems; international standards such as international public policy, illegality, arbitrability, and sanctions; the immunity of international arbitrators; form of presentation of evidence, production of documents, oral and written submissions, and expert evidence; the specific context of international investment arbitration; disputes in specific industries or legal areas (telecommunications, construction, mining, intellectual property); the role of national judges and the legal traditions they embrace throughout and after arbitration proceedings; how to incorporate more conciliatory cultural traditions, which are notably shared in many African and Asian countries; and training and opportunities for the next generation in international arbitration. The book is replete with tools and recommendations to ensure synergy and harmony between the different legal traditions that coexist in today’s arbitral proceedings. All users of arbitration, whether the arbitrators themselves, lawyers involved as counsel for parties, or judges applying arbitration law, will greatly appreciate this matchless elucidation of the different systems and alternative ways of presenting the divergent procedures and ways of conducting international arbitrations. The book’s immeasurable value to arbitration academics goes without saying.


Contract Law in Ireland

Contract Law in Ireland

Author: Cliona Kelly

Publisher: Kluwer Law International B.V.

Published: 2021-01-22

Total Pages: 469

ISBN-13: 9403531142

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Derived from the renowned multi-volume International Encyclopaedia of Laws, this practical analysis of the law of contracts in Ireland covers every aspect of the subject – definition and classification of contracts, contractual liability, relation to the law of property, good faith, burden of proof, defects, penalty clauses, arbitration clauses, remedies in case of non-performance, damages, power of attorney, and much more. Lawyers who handle transnational contracts will appreciate the explanation of fundamental differences in terminology, application, and procedure from one legal system to another, as well as the international aspects of contract law. Throughout the book, the treatment emphasizes drafting considerations. An introduction in which contracts are defined and contrasted to torts, quasi-contracts, and property is followed by a discussion of the concepts of ‘consideration’ or ‘cause’ and other underlying principles of the formation of contract. Subsequent chapters cover the doctrines of ‘relative effect’, termination of contract, and remedies for non-performance. The second part of the book, recognizing the need to categorize an agreement as a specific contract in order to determine the rules which apply to it, describes the nature of agency, sale, lease, building contracts, and other types of contract. Facts are presented in such a way that readers who are unfamiliar with specific terms and concepts in varying contexts will fully grasp their meaning and significance. Its succinct yet scholarly nature, as well as the practical quality of the information it provides, make this book a valuable time-saving tool for business and legal professionals alike. Lawyers representing parties with interests in Ireland will welcome this very useful guide, and academics and researchers will appreciate its value in the study of comparative contract law.


Private Antitrust Litigation in the European Union and Japan

Private Antitrust Litigation in the European Union and Japan

Author: Simon Vande Walle

Publisher: Maklu

Published: 2013

Total Pages: 358

ISBN-13: 9046605264

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Companies in Europe and Japan are increasingly the target of private antitrust litigation. These lawsuits are being facilitated by favorable case law, legislative changes, and a growing awareness of antitrust remedies in all layers of society. This book analyzes and compares this burgeoning area of litigation in the European Union and Japan. It examines the legal framework for these actions and takes stock of the hundreds of actions for damages and injunctive relief that have been brought in Japan and the EU. It also looks at the novel contexts in which private litigants are invoking antitrust violations, such as in derivative suits and in actions to challenge arbitral awards. Finally, the book assesses the impact of private litigation on the enforcement of antitrust law and shows how Japan's experience can be useful for Europe and vice versa in shaping future reforms.