Spanish translation: doctrina jurisprudencial/jurisprudencia/doctrina jurídica
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:
state of authority
doctrina jurisprudencial/jurisprudencia/doctrina jurídica
English to Spanish translations [PRO] Bus/Financial - Law: Contract(s) / EPC contract
English term or phrase:state of authority
What then is the impact of the caps in the now invalidated liquidated damages clauses?
Unfortunately, the position is unclear in common law jurisdictions, and a definitive answer cannot be provided based upon the current ***state of authority***.
It appears the answer varies depending upon whether the clause is invalidated due to its character as a penalty, or because of uncertainty or unenforceability.