Damages in the Shadow of a Penalty Clause - Tripping over policy in the Search for Logic and Legal Principle
Adrian Baron
April 2002
A paper based on the first prize winning entry in the Hudson Prize Competition 2001 presented to the Society of Construction Law in London on 9th April 2002.
Where the sum stipulated in a penalty clause is penal, the clause will not be enforced by a court. The author considers whether or not such a