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Listen "#05 Counting the Consequentials - London Arbitration 13/21"
Episode Synopsis
Parties routinely exclude "consequential losses" in their contractual agreements. But what is a consequential loss? And what is actually covered by a consequential loss exclusion?
With his partner in CxC crime, Calum, Luke discusses a recent Arbitration decision (London Arb 13/21) and explore the law on consequential losses.
This is a great place to start for a refresher on consequential damages. We skip from the famous second limb of the damages test in that old chestnut, Hadley v Baxendale [1854!], through to some of the recent court decisions and see how comfortably this arbitration decision nestles among them. Or not so comfortably...
With his partner in CxC crime, Calum, Luke discusses a recent Arbitration decision (London Arb 13/21) and explore the law on consequential losses.
This is a great place to start for a refresher on consequential damages. We skip from the famous second limb of the damages test in that old chestnut, Hadley v Baxendale [1854!], through to some of the recent court decisions and see how comfortably this arbitration decision nestles among them. Or not so comfortably...
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