Liquidated and ascertained damages (LAD) and requirements of mitigation

• 主要作者: Yong, Mei Lee
• 格式: Thesis
• 語言: English
• 出版: 2006
• 主題: K Law (General)
• 在線閱讀: http://eprints.utm.my/id/eprint/2363/1/YongMeiLeeMFAB2006.pdf; http://eprints.utm.my/id/eprint/2363/; http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:60600

When a project is late in completion due to contractor’s fault, the employer is entitled to a contractual remedy by enforcing the Liquidated and Ascertained Damages (LAD) provisions. However, contractors often seek to challenge the enforceability of LAD by alleging that the employers suffer no los...