Page Tags: method

Hudson Formula

Hudson Formula

Hudson Formula The so-called “ Hudson Formula “ has no basis in law or logic. It is generally accepted that damages and off-site overheads cannot be proven by a formula. The formula barely gets a mention in Hudson’s Building and Engineering Contracts, however, since it is frequently referred to in texts and sometimes in judgments, …

Continue reading

Permanent link to this article: http://www.e-basel.com/contractual/hudson-formula/

Arbitration or Litigation?

litigation or Arbitration

Arbitration or Litigation? The parties to a dispute are in principle to choose a method of resolving it. Arbitration and litigation each offer certain advantages. Even where a contract contains a clause stating that disputes shall be settled by arbitration, the parties may agree to ignore this and instead go to court. However, the presence …

Continue reading

Permanent link to this article: http://www.e-basel.com/articles/litigation/