Insights: Publications - October 2010

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Construction newsletter - October 2010


Legal updates for those involved in the construction sector.  

Enforcing liquidated damages: a shade of grey


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


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 […]