Senior Associate Vu Thi Thinh Discusses Liquidated and General Damages at the Construction Claims and ADR Conference Sabah and Sarawak 2024.
On 17 July 2024, Senior Associate Vu Thi Thinh discussed liquidated and general damages at the Construction Claims and ADR Conference Sabah and Sarawak. This session brought together experts to explore the complexities and practicalities of seeking compensation for breaches of construction contracts.
In her session titled “Claiming for Liquidated Damages and/or General Damages in Construction Contracts,” she covered key aspects of liquidated damages (LD) under Vietnamese law. This included discussions on whether the agreements on liquidated damages are a maximum limit, whether the injured party has the right to request additional compensation or replace the liquidated damages claim with a claim for actual damages, and practical advice for drafting effective contracts.
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