Front Matter

Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information COMMERCIAL REMEDIES: RESOLVING CONTROVERSIES The law of commercial remedies gives rise to a number of important doctrinal, theoretical and practical controversies which deserve sustained and rigorous examination. This volume explores such controversies and suggests solutions directed at ensuring that the law is defensible, clear and just. With contributions from twenty-three leading academic and practitioner experts, this book addresses significant issues in the law which, taken together, range across the entire remedial jurisdiction as it applies to commercial disputes. The book focuses primarily on the resolution of controversies in the English law of commercial remedies, but recent developments elsewhere are also considered, especially in other common law jurisdictions. The result is a remarkably comprehensive coverage of the field which will be of relevance to academics, students, judges and practitioners. The aim has been to deal with the law as at 1 November 2016. The chapters in this volume are the product of a conference held in Cambridge under the auspices of the Cambridge Private Law Centre, co-directed by Graham Virgo and Sarah Worthington. © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information COMMERCIAL REMEDIES: RESOLVING CONTROVERSIES Edited by GRAHAM VIRGO QC (HON) University of Cambridge SARAH WORTHINGTON QC (HON), FBA University of Cambridge © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information University Printing House, Cambridge CB2 8BS, United Kingdom One Liberty Plaza, 20th Floor, New York, NY 10006, USA 477 Williamstown Road, Port Melbourne, VIC 3207, Australia 4843/24, 2nd Floor, Ansari Road, Daryaganj, Delhi – 110002, India 79 Anson Road, #06–04/06, Singapore 079906 Cambridge University Press is part of the University of Cambridge. It furthers the University’s mission by disseminating knowledge in the pursuit of education, learning, and research at the highest international levels of excellence. www.cambridge.org Information on this title: www.cambridge.org/9781107171329 DOI: 10.1017/9781316759905 © Cambridge University Press 2017 This publication is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 2017 Printed in the United Kingdom by Clays, St Ives plc A catalogue record for this publication is available from the British Library. Library of Congress Cataloging-in-Publication Data Names: Virgo, Graham, editor. | Worthington, Sarah, editor Title: Commercial remedies : resolving controversies / edited by Graham Virgo, Sarah Worthington. Description: Cambridge [UK] ; New York : Cambridge University Press, 2017. Identifiers: LCCN 2017003192 | ISBN 9781107171329 (hardback) Subjects: LCSH: Commercial law – England. | Remedies (Law) – England. | BISAC: LAW / Corporate. Classification: LCC KD1629 .C667 2017 | DDC 346.4207–dc23 LC record available at https://lccn.loc.gov/2017003192 ISBN 978-1-107-17132-9 Hardback Cambridge University Press has no responsibility for the persistence or accuracy of URLs for external or third-party internet websites referred to in this publication and does not guarantee that any content on such websites is, or will remain, accurate or appropriate. © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information CONTENTS List of Contributors page viii Acknowledgements x Table of Cases xi PART I. Introduction 1 1 Commercial Remedies: Identifying Themes and Controversies 3 graham virgo and sarah worthington 2 On the Nature and Function of Remedies for Breach of Contract 23 jonathan morgan PART II. Specific Remedies 49 3 Repudiation: Keeping the Contract Alive 51 janet o’sullivan 4 Termination and the Agreed Sum 75 andrew summers 5 Specific Performance and Change of Mind 98 mindy chen-wishart 6 Injunctions in Tort and Contract 127 paul s davies 7 Rescission 151 nicholas j mcbride 8 Remedies for Vindicating Ownership Rights in Real Property 173 amy goymour v © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information vi contents PART III. Monetary Remedies 203 9 Performance Damages 205 charlie webb 10 Proving Contract Damages 228 adam kramer 11 Interest 247 andrew burrows 12 Actionable Loss of a Chance 272 sarah green 13 Gain-based Remedies 292 graham virgo 14 Exemplary Damages 318 james goudkamp PART IV. Agreed and Party-Specific Remedies 341 15 Express Termination Clauses 343 richard hooley 16 Penalty Clauses 366 sarah worthington 17 Deposit Clauses 390 carmine conte 18 Flawed Assets Clauses 414 louise gullifer 19 Subrogation 437 stephen watterson 20 Equitable Set-off 465 pg turner PART V. Special Contexts 489 21 Commercial Remedies in International Cases 491 louise merrett © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information contents vii 22 Remedies of the Criminal Courts 515 matthew dyson and paul jarvis PART VI. The Future 543 23 Codification of Remedies for Breach of Commercial Contracts: A Blueprint 545 neil andrews Index 568 © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information CONTRIBUTORS neil andrews is Professor of Civil Justice and Private Law at the University of Cambridge andrew burrows qc is Professor of the Law of England at the University of Oxford mindy chen-wishart is Professor of the Law of Contract at the University of Oxford carmine conte is formerly a Fellow at Homerton College, Cambridge paul s davies is Associate Professor of Law at the University of Oxford matthew dyson is Associate Professor of Law at the University of Oxford james goudkamp is Associate Professor of Law at the University of Oxford amy goymour is University Lecturer in Law at the University of Cambridge sarah green is Associate Professor of Law at the University of Oxford louise gullifer is Professor of Commercial Law at the University of Oxford richard hooley is University Lecturer in Law at the University of Cambridge viii © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information list of contributors ix paul jarvis is a Barrister at 6 King’s Bench Walk, London adam kramer is a Barrister at 3 Verulam Buildings, London nicholas j mcbride is College Lecturer in Law at Pembroke College, Cambridge louise merrett is Reader in International Commercial Law at the University of Cambridge jonathan morgan is University Senior Lecturer in Law at the University of Cambridge janet o’sullivan is University Senior Lecturer in Law at the University of Cambridge andrew summers is Associate Professor of Law at the London School of Economics pgturneris University Lecturer in Law at the University of Cambridge graham virgo qc is Professor of English Private Law at the University of Cambridge stephen watterson is University Lecturer in Law at the University of Cambridge charlie webb is Lecturer in Law at the London School of Economics sarah worthington qc is Downing Professor of the Laws of England at the University of Cambridge © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information ACKNOWLEDGEMENTS The editors wish to note their gratitude for the financial support and encouragement from Clifford Chance, which funded the symposium on commercial remedies in July 2015. We also wish to thank Christopher Jenkins, Rachel Leow and Liron Shmilovits for their editorial assistance in the preparation of this volume. x © in this web service Cambridge University Press www.cambridge.org Cambridge University Press 978-1-107-17132-9 — Commercial Remedies: Resolving Controversies Edited by Graham Virgo , Sarah Worthington Frontmatter More Information TABLE OF CASES A v Bottrill [2002] UKPC 44, [2003] 1 AC 449, 555 Abbey Developments Ltd v PP Brickwork Ltd [2003] EWHC 1987 (TCC), 362–363 Abdel Hadi Abdallah Al Qahtani & Sons Beverage Industry Co v Antliff [2010] EWHC 1735 (Comm), 506–507 Abu Dhabi National Tanker Co v Product Star Shipping Ltd (The Product Star) (No 2) [1993] 1 Lloyd’s Rep 397, 72–73 AB v CD [2014] EWCA Civ 229, [2015] 1 WLR 771, 43, 149–150 AB v South West Water Services Ltd [1993] QB 507 (CA), 318 Acer Investment

Load more