Yenew Bitew Taddele

Position of Liquidated Damages

as a Remedy for Breach of Public Construction Contract in Ethiopia : The Law and Practice

• Broschiertes Buch

Produktbeschreibung

Contracting parties of public construction contract can foresee how a type of uncertainty could be removed by agreeing a specific consequence for a breach. They can address this by incorporating, inter alia a "Liquidated Damages Clause" to that outcome. Liquidated damages is a fixed sum agreed by the parties in their contract as a value of the damages that one party can claim against the other, without the need to prove that sustained damage when they enter into contract. But, whether a liquidated damages is a contractual or legal remedy; whether a liquidated damages and penalty are similar and interchangeable or different in concept; can an employer seeks liquidation damages together with other available general remedies after canceling such contract; and who, contracting parties or a government, in agreement or by law, can figure out amount of liquidated damages and its calculation mechanism are unsolved conundrum in Ethiopian pertaining laws and its application in courts thereof.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 60
• Erscheinungstermin: 28. Februar 2024
• Englisch
• Abmessung: 220mm x 150mm x 4mm
• Gewicht: 107g
• ISBN-13: 9786207463053
• ISBN-10: 6207463056
• Artikelnr.: 70225324

Autorenporträt

Yenew B. Taddele.Lecturer and Researcher at Law, Bahir Dar University, School of Law;Director, Bahir Dar University, Arbitration Center;Attorney and Consultant at Law;Arbitrator, Mediator, Conciliator and Trainer;LL.B (Bachelor of Law in Business Law Stream, AAU);LL.M (Master of Law in Construction Law and Dispute Resolution, BDU)