In Part 2, I continue to discuss liquidated damages with James Dow. The topics are detailed below.
Consider turning On the CC (Subtitles/Captions) for the video for a better experience.
Watch Part 1 of the interview here: [ Ссылка ]
These interviews and additional articles can be found on my blog at [ Ссылка ].
Timestamps in Part 2:
0:00 Intro & what we cover in Part 2
0:50 How extension of time and LADS work together
2:59 The UK Supreme Court in Triple Point Technology, Inc vs PTT Public Company Ltd [2021] UKSC 29
4:28 Details of the case: TPT vs PTT
12:20 Supreme clarity on Liquidated Damages
13:29 The impact of the decision taken by the UK Supreme Court
15:53 How is the decision relevant to delay experts?
18:50 Final questions
18:59 Is liquidated damages considered a penalty?
23:02 Liquidated damages do not have to be proved
