Contractual Penalties in Australia and the United Kingdom

History, Theory and Practice

Author: Nicholas A. Tiverios

Contractual Penalties in Australia and the United Kingdom

Hardcover

ISBN / EAN: 9781760022143
This textbook is prescribed for the following courses:
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PRODUCT INFORMATION

Description

It is a longstanding and common drafting technique in Australia and England for contracts to contain an agreed remedy which one party (A) can claim against the other (B) if B fails to fulfil her side of the bargain. This book aims to provide a comprehensive answer to a vital question that affects consumer, commercial and government contracting: when will a court refuse to enforce A’s right to an agreed remedy because it impermissibly punishes B? In doing so, this book provides readers with:\n

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a detailed and accessible guide as to how the penalties doctrine operates in practice, taking account of the growing body of case law following the landmark decisions in Andrews v Australia and New Zealand Banking Group Ltd; Paciocco v Australia and New Zealand Banking Group Ltd; Cavendish Square Holding BV v Makdessi; and ParkingEye Ltd v Beavis;
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a historical overview of the key developments in the law of penalties from the 14th century to the present day which links historical analysis with modern debates concerning the scope of the penalties doctrine;
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a clear overview of the potential underlying reasons for the law of penalties in both England and Australia which accounts for the key divergences between the jurisdictions;
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a comprehensive comparative analysis between the English and Australian penalties doctrines, showing sharp divergences between the approaches adopted in these two jurisdictions notwithstanding that the jurisdictions share a common historical starting point; and
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a quick reference guide to assist legal practitioners in identifying potentially contentious issues that may arise from the application of the penalties doctrine.
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\nFrom the Foreword by the Hon Justice James Edelman, High Court of Australia\n"The detailed doctrinal and philosophical analysis in Contractual Penalties in Australia and the United Kingdom makes it a book for scholars who want to understand the historical, conceptual, and moral foundations of the prohibition against contractual penalties. But its clear and concise style and its chapters and sections concerning the practical application of a doctrine based upon slippery foundations also make it essential reading for all commercial lawyers in Australia and England."

Critic Reviews

Unquestionably the best work yet to be published on its subject. For its depth, its scholarship, and its even-handed attention to history, theory, principle and doctrine, this book deserves to be read by anyone seeking an understanding of its complex yet important subject. - Dr John Eldridge, (2020) 136 Law Quarterly Review 337-340