What should be included: What is a penalty clause and why do the courts in England refuse to enforce such clauses? What is the impact of the decision of the Supreme Court in Cavendish Square Holdings?Discuss
Provide a summary of this case and to develop some clear arguments in support of the decision of the court to retain the penalty clause. What should be included: What is a penalty clause and why do the courts in England refuse to enforce such clauses? What is the impact of the decision of the […]