The law on liquidated damages clauses had caused a lot of unhappiness, especially in the construction industry. It restricted freedom of contract and ignored commercial realities. That changed recently. The law has now been brought more in line with English common law. What then are the implications?
The law on liquidated damages clauses had caused a lot of unhappiness, especially in the construction industry. It restricted freedom of contract and ignored commercial realities. That changed recently. The law has now been brought more in line with English common law. What then are the implications?
| Dr Teng Kam Wah holds a PhD in construction law from the University of Malaya. He obtained both his LLB Hons and LLM degrees from the University of London. He first graduated with a science degree from the University of Malaya where he was awarded the University of Malaya Book Prize. He is a Fellow of the Chartered Institute of Arbitrators. He was, for a brief period, the Group Legal Manager of one of the largest construction, infrastructure and property development companies in Malaysia. He was the 1st prize winner of the Vincent Powell-Smith Competition in construction law. He has more than twenty law articles published in journals. He has taught law part-time at the University of Malaya. He practises in construction dispute resolution. |
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