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.

Peel v Buckingham: reconciling liquidated damages

Contract completion delays led to liquidated and ascertained damages being applied, but the contractor argued these were not clearly defined so weren't enforceable. Emma Payne and Stephen McKenna explain what happened next. The post Peel v Buckingham: reconciling liquidated damages appeared first on Construction Management.

Building Magazine - Essential law - Liquidated damages, part four, 07072021

Continuing the series on the basics of construction law, Chris Hadnutt considers whether liquidated damages clauses survive termination of contract

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

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