When applying the penalty clause unjustly enriches the owner
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A penalty clause enables a creditor to claim a stipulated penalty without having to prove the injury suffered. In construction contracts, these clauses typically set the damages for project delays in advance. However, the court retains the power to review and reduce penalties that prove to be abusive. The decision in EBC inc. c. Ville […] The post When applying the penalty clause unjustly enriches the owner appeared first on Miller Thomson .
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