Events Calendar
Can liquidated damages ever be unenforceable?
24 Oct, Online Webinar
Presented by: Arie Moore
Disputes over liquidated damages in construction projects often arise, with contractors contesting the Principal's deductions as excessive and penal. The Supreme Court's Honey Bees judgment has clarified the criteria for enforceability of liquidated damages, setting a high threshold for penalties.
This webinar will shift the focus to the Principal’s viewpoint, examining whether they can challenge the agreed liquidated damages, which frequently fall short of their actual costs due to delays, in order to recover higher amounts from contractors.
Time: 12.05pm to 12.50pm
Date: 24 October 2024
Register here!