Essential law: Liquidated damages, part four

By Chris Hadnutt 2021-07-07T05:00:00

Continuing our series on the basics of construction law, Chris Hadnutt considers whether liquidated damages clauses survive termination of contract

Whether liquidated damages clauses are still applicable following termination of a construction contract is a question that is currently in a state of flux. There is a decision on this point currently awaited from the Supreme Court in the case of Triple Point Technology, Inc vs PTT Public Company Ltd.

Ahead of the Supreme Court’s decision, this article will look at the current position on the survival of liquidated damages clauses following termination.

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