Search Results for: Application of the new penalty rule in practice

REUTERS |

In this blog post, I look at the likely practical impact for those negotiating corporate, construction and commercial contracts of the recent Supreme Court decision on the law relating to contractual penalty clauses. In the combined appeal of Cavendish Square Holding BV v Talal El Makdessi and ParkingEye Ltd v Beavis, it is the Makdessi … Continue reading Cavendish Square v El Makdessi and ParkingEye v Beavis: application of the new penalty rule in practice

REUTERS | Maxim Shemetov

In this blog post, we consider the impact of the recent Supreme Court decision in Cavendish Square Holding BV v El Makdessi and ParkingEye Ltd v Beavis (Beavis). The Supreme Court welcomed the opportunity to consider the “penalty rule” in two cases at the opposite end of the financial spectrum. As well as further clarifying … Continue reading Cavendish Square v El Makdessi and ParkingEye v Beavis: a reinterpretation of consumer protection law