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Liquidated damages: steering a course between practicality and penalty
Practical Law UK Legal Update 7-385-9896 (Approx. 5 pages)
Liquidated damages: steering a course between practicality and penalty
by Patricia Wade, Ashurst LLP
| Published on 24 Apr 2009 • United Kingdom |
This article discusses how to draft a liquidated damages clause, avoiding the risk of it being held unenforcable as a penalty.