Hudson Formula The so-called “Hudson Formula” is a topic of considerable debate within the legal and engineering communities. However, it is crucial to recognize that this formula lacks a solid foundation in both law and logic. Generally, it is widely accepted that damages and off-site overheads cannot be accurately determined through a rigid formula. While …
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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 …
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