Damages and Other Remedies for Breach of Commercial Contracts (Thorogood Report)

This valuable report sets out a systematic approach for assessing the remedies available for various types of breach of contract, what the remedies mean in terms of compensation and how the compensation is calculated. It examines the most recent case law as well as classic earlier cases and explores the issues involved; in particular the defenses. The report provides numerous examples of effective drafting of terms controlling and limiting remedies—as well as illustrating the type of poor drafting to be avoided. Plus helpful tables, figures and calculations and a search analysis of the mathematical and financial implications of awarded damages. Annotation This valuable report sets out a systematic approach for assessing the remedies available for various types of breach of contract, what the remedies mean in terms of compensation and how the compensation is calculated. It examines the most recent case law as well as classic earlier cases and explores the issues involved; in particular the defenses. The report provides numerous examples of effective drafting of terms controlling and limiting remedies--as well as illustrating the type of poor drafting to be avoided. Plus helpful tables, figures and calculations and a search analysis of the mathematical and financial implications of awarded damages Includes accounts of the important cases and highlights significant changes in the way that the courts assess damages. This report sets out a systematic approach for assessing the remedies available for various types of breach of contract, what the remedies mean in terms of compensation and how the compensation is calculated.