Construction Law



Page 1127


13.01 An award of damages is an order, by a court or tribunal, that one party is to pay a sum of money to another party for the purpose of compensating that other party for the first party’s breach of obligation. Damages represent the principal means by which the law provides a remedy to a person who suffers loss or harm as a consequence of another’s breach of contract or tort.1

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.