King’s College Construction Law Association (“KCCLA”) debate - Thursday 31st January
Construction is a vital part of the UK economy.
This lengthy and detailed judgment of Richard Salter QC provides a helpful summary of the operation of liquidated damages clauses in commercial contracts and also considers the obligations arising under parent company guarantees and indemnities.
Contract law must be as clear as possible and its rules acknowledged as defaults.
The claimant (“Hanwha”) brought a claim against the defendant (“Lark”) for the price of solar panels sold and delivered to Lark.
The Supreme Court has handed down its landmark decision on the meaning of ‘intention’ in grounds F and G of section 30(1) of the Landlord and Tenant Act 1954, changing a test that has been essentially settled since the 1950s.