英国法管辖下的英文合同中违约金条款（LiquidatedDamages，LD）非常常见，在并购交易、建筑、货物买卖、服务...
劳动补偿金《劳动合同法》在立法过程中引起了劳动者,用人单位的广泛关注.从最终的立法文本中我们看到了诸多的制度创新,分析这些制度创新对于充分理解和贯彻执行《劳动合同法》具有重要的意义.本文将结合劳动合同法的立法理念对新确立的合同违约金制度和劳动补偿金制度进行分析,并提出今后完善立法的几点建议.孔康妮中国政法...
(Law 法律) in a contract, a fixed amount of money that sb agrees to pay if they do not do what they have promised违约赔偿金,预定违约金(合同中事先规定违约时应偿付的损失赔偿金)◆If the building is not completed in time, the contractors must pay liquidated damages.如果建筑物未按时建成,承...
Liquidated Damages: The Indian Contract Act, 1872, provides a basic structure of the law of contract in India, its enforcement, various provisions regarding non-performance and the breach of contract.
What is the Law of Liquidated Damages in Construction? Legally speaking, liquidated damages are defined as, “Monetary compensation for a loss, detriment, or injury to a person or a person's rights or property, awarded by a court judgment or by a contract stipulation regarding breach of ...
Summary Under MW and MWD the amount inserted as liquidated damages is usually relatively small to reflect the potential loss to the employer from late completion. The employer, in consultation with the architect, should have calculated the amount of liquidated damages carefully at pre-tender stage....
(in the case of work done under contract for the District of Columbia or a territory, to such District or to such territory), for liquidated damages. Such liquidated damages shall be computed with respect to each individual laborer or mechanic, including watchmen and guards, employed in ...
Over the years, however, liquidated damages have been assessed in quite an arbitrary way that bears no relationship to the losses suffered. Usually, they are calculated as a percentage of the contract value and vary with the number of days or weeks for which the goods have been delayed. ...
How do liquidated damages work? The liquidated damages clause works when assessing the failure of a party to meet the terms of an agreement in a contract. The party has to pay an amount of money to compensate for the losses. What is an example of liquidated damages? An example of liquidat...
LIQUIDATED DAMAGES AMOUNT. IF OTHER THAN IN CONNECTION WITH THE APPLICATION OF PROCEEDS, NOTWITHSTANDING THE PROHIBITIONS OF THIS SECTION 4, THE LOAN IS VOLUNTARILY OR INVOLUNTARILY REPAID PRIOR TO TH...