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Cambridge law journal, 2021-03, Vol.80 (1), p.29-31
Ort / Verlag
Cambridge, UK: Cambridge University Press
Erscheinungsjahr
2021
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
Contract breakers do not have to compensate their counterparties for all losses caused by their breach of contract. Some losses are too remote. In 'Hadley v Baxendale' (1854) 9 Ex. 341, 355, Alderson B. held that the only types of loss that were recoverable were "those arising naturally or ordinarily from the breach" and those in the reasonable contemplation of the parties at the time of contracting. What degree of probability of the kind of loss must be in reasonable contemplation at the time of contracting? That was the question tackled by Lord Hodge in 'Attorney General of the Virgin Islands v Global Water Associates Ltd'. [2020] UKPC 18, [2020] 3 W.L.R. 584 (hereafter "'Global Waters'").