000 01090cam a2200229 4500
001 ABS66404
008 030307n2003 000 0 eng u
035 _a(Sirsi) u121579
245 _aLiquidated damages
260 _c2003
490 _aContract Journal
_v417(6412) 5 February 2003, 24(1)
520 _aDiscusses the case "Jeancharm Ltd v Barnet Football Club Ltd" (CA [2003] CILL 1987-1990(4)) where the central issue was whether large amounts can be included within liquidated and ascertained damages provisions. The outcome of the case implied that the law still requires that a liquidated damages provision must be an amount which can be shown to be a genuine pre-estimate of the likely loss in the event of a breach, otherwise the clause may become unenforceable.
590 _aABS
650 _aLIQUIDATED DAMAGES
650 _aASCERTAINED DAMAGES
650 _aJEANCHARM LTD V BARNET FOOTBALL CLUB LTD
650 _aLATE PAYMENTS
650 _aCONSTRUCTION INDUSTRY
650 _aLATE COMPLETION
690 _aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
942 _n0
999 _c72272
_d72272