Continue reading "Landlord And Tenant Update: Penalty clauses"
Landlord And Tenant Update: Penalty clauses
Nathan Searle and Kate Wilford explain the importance of watching out for potentially unenforceable penalty clauses and suggest some ways of tackling these issues. ‘There is no longer a clear dichotomy between unenforceable penalty clauses and enforceable liquidated damages clauses.’A penalty is a clause designed to deter a breach of contract, by providing for a …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Dunlop Pneumatic Tyre Co Ltd v New Garage & Motor Co Ltd [1914] UKHL 1
- Fernhill Properties (Northern Ireland) Ltd v Mulgrew [2010] NICh 20
- Gilbert Ash (Northern) Ltd v Modern Engineering (Bristol) Ltd [1974] AC 689
- Jobson v Johnson [1989] 1 WLR 1026
- Lordsvale Finance plc v Bank of Zambia [1996] QB 752
- Taiwan Scott Co Ltd v The Master Golf Company Ltd [2009] EWCA Civ 685
- UK Housing Alliance (North West) Ltd v Francis [2010] EWCA Civ 117
- Workers Trust & Merchant Bank Ltd v Dojap Investments Ltd (Co) [1993] UKPC 7