Cavendish Square v El Makdessi and ParkingEye v Beavis: application of the new penalty rule in practice
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
