The paper aims to examine the judicial approach to some aspects of contract damages in England and Wales, Australia and New Zealand.
Abstract
Purpose
The paper aims to examine the judicial approach to some aspects of contract damages in England and Wales, Australia and New Zealand.
Design/methodology/approach
The paper is an analysis of judgments of the three jurisdictions and academic commentary.
Findings
Generally, there is uniformity in the assessment of damages in the jurisdictions discussed as is illustrated with liquidated damages and the adherence to the judgment of the House of Lords. However, the same adherence is not evident in the case of lower court judgments in the controversial area of “consequential loss”. Although not a remedy, it is an integral part of the assessment of damages process when included in exception clauses.
Originality/value
The research highlights the need for knowledge of the legal issues to ensure that the contract covers what is intended so that a party is not without a remedy when the contract fails.