Liquidated Damages Article Published
07-04-2014 10:18
SPW’s Construction and Engineering partner has published an article on Liquidated damages.
Liquidated damages are defined as “a fixed or determined sum agreed by the parties to a contract to be payable on breach by one of the parties”.
The article can be found here: http://www.spw-law.co.uk/legal-articles.html
For more information on liquidated damages or construction law in general, please contact Martin Wood.