Webinar: Unravelling the philosophy of EOT clauses, the validity of LD clauses and the prevention principle
Organiser(s): The Hong Kong Institute of Surveyors (HKIS)
Name of Event: Unravelling the philosophy of EOT clauses, the validity of LD clauses and the prevention principle
Date & Time: Monday, May 31st 2021 7:00 pm – 8:30 pm (HKT)
Location: Online
Language(s): Cantonese supplemented by English
Fees: HK$150 for members and HK$210 for non-members
The talk will discuss the following:
a. Historical development of EOT clauses
b. Conventional approach of courts to determine whether a LD clause is a penalty
c. Are notice provisions framed as conditions precedent penal clauses
d. Possible implications of the recent decision of the U.K. Supreme Court in the case of Cavendish Square v Makdessi (2015) on the conventional approach to the determination of penalty clauses
e. Whether the prevention principle is an implied term or a principle of law
f. Validity of EOT clauses that seek to make the contractor liable for LD in the case of concurrent delay
Registration Deadline: First-come-first-served
CPD: 1.5 CPD hours