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Liquidated damages does not always need to be genuine pre-estimate of loss to...

Liquidated damages are clauses in contracts that provide for a pre-agreed value to be paid in the event of a breach of contract by one of the parties. Commonly, they are used when there is a delay to...

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Maintenance service provider’s attempt to get out of unprofitable contract...

SC agreed to provide maintenance work for Jet2’s airlines. The agreement had been a three year deal with Jet2 having an option to extend that by a further three years. Jet2 was happy with the...

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