Damages and Other Remedies for Breach of Commercial Contracts

Author:   Robert Ribeiro
Publisher:   Thorogood
ISBN:  

9781854182265


Pages:   92
Publication Date:   01 October 2005
Format:   Loose-leaf
Availability:   Out of stock   Availability explained


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Damages and Other Remedies for Breach of Commercial Contracts


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Overview

How aware are you of the full implications of these ground-breaking cases? This work features: Voaden v Champion (2002), SAM Business Systems v Hedley (2003), Days Medical Aids v Pihsiang Machinery Manufacturing Co (2004), What is new? Time-honoured principles, long regarded as rules - eg. 'new for old' compensation - have been radically altered. Courts have moved from applying broad principles to making judgments based on the precise facts in front of them - know as the 'fact-specific' approach. In some cases the same set of facts can now be argued either on the basis of contract or of tort - which way you go is a crucial question of tactics. This valuable report has been completed updated since it first appeared in 2002 (Damages and Other Remedies for Breach of Commercial Contract): it includes accounts of all the most recent important cases and highlights significant changes in the way that the courts now assess damages. It sets out a systematic approach for assessing the remedies available for various types of breach of contract, what the remedies mean in terms of compensation and how the compensation is calculated. It examines the most recent case law as well as classic earlier cases and explores the issues involved, in particular the defences. The report provides numerous examples of effective drafting of terms controlling and limiting remedies - as well as illustrating the type of poor drafting to be avoided. It also helpful tables, figures and calculations and a search analysis of the mathematical and financial implications of awarded damages.

Full Product Details

Author:   Robert Ribeiro
Publisher:   Thorogood
Imprint:   Thorogood
Dimensions:   Width: 22.90cm , Height: 1.30cm , Length: 29.50cm
Weight:   0.608kg
ISBN:  

9781854182265


ISBN 10:   1854182269
Pages:   92
Publication Date:   01 October 2005
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Loose-leaf
Publisher's Status:   Out of Print
Availability:   Out of stock   Availability explained

Table of Contents

1. The starting point for calculations; A comparison of different remedies available for breach of contract; Selecting the appropriate remedy; The remedy of Quantum Meruit; Damages versus debt; Contract or tort? Damages: the basic principles of assessment; The rules of remoteness; Remoteness of damages; Putting together several different heads of claim; Damages for mental distress; Interest and financing charges; What is 'consequential loss, or damage'; how does it relate to the principles already set out?; 2. The measurement of damages; Putting figures to the claim; The rule against double counting; Taxation and 'double counting'; Double counting and the recouping of loss; The rules about mitigation of loss; 3. Special cases involving damages; Damages for loss of a chance; Chances of earning or of profitability; Contributory negligence and the measurement of damages; Drafting terms to control remedies; The Unfair Contract Terms Act 1977; Liquidated damages; Clauses about currency and interest; The breach date rule; Summarizing the principles applicable to a claim for damages; 4. Other remedies for breach of contract; The remedies; The declaratory judgment; Retention of a deposit; Rescission; Specific performance and specific delivery; Injunctions; the remedy of rectification; Indemnities: what is their purpose?; 5. Appendix 1 - The Millennium Dome case; 6. Appendix 2 - List of cases.

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Author Information

Dr Robert Ribeiro, Barrister, has been a independent lawyer, public speaker and business consultant since 1989. His work includes the drafting and negotiations of commercial contracts and advising upon legal problems arising in commercial dealings. His work also includes the provision of public seminars and in-house training for commercial clients. He is author of the book Engineering Contracts - A Management Guide and the report Drafting Commercial Contracts.

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