Damages & Remedies for Breach of Contract - Live at Your Desk

Introduction

Establishing that the other party to a contract has breached its terms is one thing, but what does that mean for the outcome of a claim?

How does the law make sure that the victim is compensated for a breach which creates a shortcoming against what was promised when the parties made their contract?

Long the subject of academic debate, this topic really matters in practical terms as it can distinguish between the successful result of litigation and an uneconomic vindication of a party’s position.

Looking at core areas in the assessment of contractual damages and other remedies, the latest cases from the last two years will be considered.

What You Will Learn

This live session will cover the following topics:

• Contractual damage: what is its purpose and how is it measured?
• Can any victim of breach of a contract be compensated on a profits-earned basis, or is this confined to claims against spy-breakers?
• Remoteness: an effective filter for limiting the extent of liability?
• The exclusion of types of loss: Soteria Insurance v IBM
• Liquidated damages clauses: Triple Point Technology clarifies the conventional approach
• Claims under warranties - BP Oil v Glencore
• The flexible impact of post-assessment date events (MDW Holdings v Norvill - anticipatory and actual breach contrasted)
• Mitigation - an effective argument or the last resort?

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.