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

NLRB’s General Counsel Signals Major Shift in Neutrality Agreement Between Employers and Unions Seeking to Organize Their Employees

The General Counsel for the National Labor Relations Board (“Board” or “NLRB”) has signaled what...

Read More >

Two California Supreme Court Cases to Keep an Eye On

The U.S. Court of Appeals for the Ninth Circuit has certified two cases to the California Supreme Co...

Read More >

Perfect Attendance Benefits Interfered With FMLA Rights

Under the Family and Medical Leave Act, employers cannot penalize employees for use of FMLA leave. E...

Read More >

Updated Order Clarifies Suspension of Limitations Periods in British Columbia Amidst COVID-19

On April 8, 2020, the Minister of Public Safety and Solicitor General published Ministerial Order No...

Read More >

How Coronavirus Is Effecting the Construction Industry: An Evolving Tracker of Construction Shutdowns Across the United States

Like the lives of all Americans, the U.S. construction market has been upended by the outbreak of co...

Read More >

Considering a Purchase, Sale, or Financing? Make Sure Your Trademark Due Diligence is Thorough

Trademark due diligence is the process of analyzing information concerning a company's trademark por...

Read More >