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Penalties and liquidated damages

By: Language: English Series: CSW - The Property Week ; 43(12) 17 June 1993, 53(1)Publication details: 1993Subject(s): Summary: Discusses "Phillips Hong Kong Ltd v Attorney General of Hong Kong" (1993) which made penalties in a contract reflect the employers true loss.

Discusses "Phillips Hong Kong Ltd v Attorney General of Hong Kong" (1993) which made penalties in a contract reflect the employers true loss.