New Test on Liquidated Damages Clause

Date, time & venue 
2017-09-27;18:30 to 20:00;Chan Yat Mei Sophie Room – 9/F

Programme Highlight

It is common to have liquidated damages provision in a construction contract to limit the potential liability of the contractor in case there is a delay to the project. Some liquidated damages provisions are considered unenforceable because they are "penalties". The traditional test is a "genuine pre-estimate of loss" that would be suffered in the event of a delay. However, new case law from the UK raises the question - what is the new test for penalties?  This seminar will review and discuss the latest case law concerning liquidated damages provision in construction contracts.

Fee

Free of Charge.

Speakers

Mr Dennis Wong                    Partner in Clyde & Co's Hong Kong and China Construction Group

Ms Vivian Wong                     Senior Associate in Clyde & Co's Hong Kong and China Construction    Group

Registration & Enquiries

The number of participants is limited to 80 and priority will be given to members of Civil Division and previous registered participants. Please complete the online registration at http://cv.hkie.org.hk. Email registration will not be accepted. Only successful applicants will be informed by email.

For enquiries, please contact:

Ms Shanshan Wang via email: hkieciviltechnicalmeeting@gmail.com