Every court, wherever they are in the world, sets limits on the types of losses which can be recovered following a contract breach. Following the general principle that a wronged contract party should be reasonably compensated without the breaching party being exposed to unlimited risk, how do different courts deal with this in practice? Do they use the same terminology? What are the common pitfalls?

John McKinlay, Kristof De Vulder and Neo Hwee Yong discuss how courts in the UK, Europe and APAC define these terms and highlight some practical issues to be aware of when drafting and negotiating contracts.  

Every court, wherever they are in the world, sets limits on the types of losses which can be recovered following a contract breach. Following the general principle that a wronged contract party should be reasonably compensated without the breaching party being exposed to unlimited risk, how do different courts deal with this in practice? Do they use the same terminology? What are the common pitfalls?
John McKinlay, Kristof De Vulder and Neo Hwee Yong discuss how courts in the UK, Europe and APAC define these terms and highlight some practical issues to be aware of when drafting and negotiating contracts.

Our International Commercial Contracts team discuss the key issues affecting the current market in our new podcast series Better Contracts. The team looks at topics surrounding the supply chain crisis, strength of obligations, direct and indirect damages and the common pitfalls when contracting internationally.

Listen now and subscribe to join the conversation.

Our International Commercial Contracts team discuss the key issues affecting the current market in our new podcast series Better Contracts. The team looks at topics surrounding the supply chain crisis, strength of obligations, direct and indirect damages and the common pitfalls when contracting internationally.
Listen now and subscribe to join the conversation.

Our International Commercial Contracts team discuss the key issues affecting the current market in our new podcast series Better Contracts.

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