Insights: Publications - October 2010

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Construction newsletter - October 2010

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Legal updates for those involved in the construction sector.  


Enforcing liquidated damages: a shade of grey

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Claims for liquidated damages start a lot of arguments, but the principles behind enforceability are considered to be black and white: if the sum claimed is a genuine pre-estimate of loss (or less than the actual loss), then it will be upheld; otherwise it is considered to be a penalty and will be struck down. […]


Increase in SDLT

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Stamp duty land tax (SDLT) is currently four per cent. It is due to be increased to five per cent. in respect of residential property transactions taking place after 6 April 2011. Without any tax planning, this would represent a substantial cost and, since SDLT was introduced, a lot of thought has been given to […]