X
21Jan

Contractural penalties - an important resolution of the Supreme Court

In its resolution dated 20 November 2019, the Supreme Court concluded that an agreement must not provide for a contractual penalty in the event a party rescinds such agreement due to the other party’s failure to perform its financial obligation...
By: Allen & Overy LLP
Source Url: https://www.jdsupra.com/legalnews/contractural-penalties-an-important-26732/

Related

InterConnect FLASH! No 74 - Transportation Worker Arbitration: It May Not Be Bullet-Proof, But It’s Like Chicken Soup (can’t hurt; might help)

Since then, many in the trucking industry have been considering and evaluating alternative ways to m...

Read More >

Pensions: what's new this week - January 2020 #3

Welcome to your weekly update from the Allen & Overy Pensions team, bringing you up to speed on the ...

Read More >

CFIUS 2.0: ‘Sensitive Personal Data’ in the National Security Context

In recent years, the Committee on Foreign Investment in the United States (CFIUS) has taken a much s...

Read More >

An Overview of Employee Benefit Provisions in the Newly Enacted SECURE Act

After being approved by both the U.S. House of Representatives and the Senate, the Setting Every Com...

Read More >

OLNS #6 – Leading Tech Companies through a Downturn

Downturns can be challenging for any company, but the current COVID-19 pandemic shows once more (as ...

Read More >

New Class Action Suits Claim Stores Must Supply Gifts Cards With Braille

Since October 24, 2019, blind and vision-impaired individuals have filed more than ninety lawsuits c...

Read More >