News tagged LADs
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What are liquidated and ascertained damages?
Harry King is a junior associate at law firm Quigg Golden Liquidated damages, also known as liquidated and ascertained damages (LADs), are a contractual agreement on damages that are designed to cover costs when a project runs past the agreed completion date. LADs are common… The post What are liquidated and ascertained damages? appeared first on Construction News.
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It’s lads lads lads at MIPIM and that’s the way we like it
The Architects’ JournalIt’s lads lads lads at MIPIM and that’s the way we like it While other global events have bowed to woke pressure, how reassuring that the annual Cannes property event is comfortable in its integral ladness, write the MIPIM Lads The post It’s lads lads lads at MIPIM and that’s the way we like it appeared first on The Architects’ JournalMary Douglas
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Suspended prison sentences follow lad’s site death
The death of an 18-year-old construction worker, fatally injured while working on a house-building site in Lincolnshire four years ago, has resulted in fines and prison sentences for those deemed responsible.
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Roofing firm fined £22k after lad’s fall
Infiniti Roofing & Construction Ltd has been fined after admitting culpability for an employee falling through a gap in scaffolding.
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Landmark ruling means contractors still face having to pay liquidated damages if job is late
Supreme Court overturns earlier decision which said firms weren’t liable for LADs if contract was terminated
Resources tagged LADs
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In their September edition of Outlaw Pinsent Masons provide a nice summary of case law and the competing legal positions existing on the topic of concurrent delay.
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Metroun - What Are Liquidated Damages (LADs), 16022022
Liquidated Damages is a very common clause that can appear in construction contracts. This video explains what the Liquidated Damages clause is, why is might be used and the complications that come with trying to enforce it.
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Building Magazine - Essential law - Liquidated damages, part three, 27052021
Continuing the series on the basics of construction law, Chris Busaileh considers some of the issues with including liquidated damages clauses in subcontracts
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Building Magazine - Essential law - Liquidated damages, part two, 22022021
Continuing the series on the basics of construction law, Andrew Keeley looks at the consequences of a liquidated damages clause being unenforceable
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Building Magazine - Essential law - Liquidated damages, part one, 23112020
This series on the basics of construction law moves on to liquidated damages. In the first of four articles, James Worthington and Carolyn Davies look at ways to challenge such clauses
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