Contract Theory and Gain-Based Recovery

Contract Theory and Gain-Based Recovery PDF Author: David Winterton
Publisher:
ISBN:
Category :
Languages : en
Pages : 29

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Book Description
In Accounting for Profit for Breach of Contract: Theory and Practice, Dr Barnett attempts to explore systematically the circumstances in which such gain-based relief for breach of contract both is and should be available. Rather than focussing on the book's strengths, this article seeks to examine two important theoretical questions raised by her account. The first concerns its theoretical foundations. Not only does Barnett invoke a highly contestable theory of contractual rights that does not meaningfully advance her argument, she also fails to explain whether the various normative considerations invoked to support her theory are mutually compatible, and therefore whether her account satisfies her self-imposed criterion of 'coherence'. A second, related, question Barnett's account raises is whether disgorgement for contractual breach is ever justifiable. Like others, Barnett claims that profit-stripping for breach of contract is justified by considerations of 'deterrence' and 'retribution'. But this common view is often too quickly assumed because there are good reasons to doubt whether these two rationales, either separately or in combination, are capable of justifying disgorgement as a response to contractual breach.

Contract Theory and Gain-Based Recovery

Contract Theory and Gain-Based Recovery PDF Author: David Winterton
Publisher:
ISBN:
Category :
Languages : en
Pages : 29

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Book Description
In Accounting for Profit for Breach of Contract: Theory and Practice, Dr Barnett attempts to explore systematically the circumstances in which such gain-based relief for breach of contract both is and should be available. Rather than focussing on the book's strengths, this article seeks to examine two important theoretical questions raised by her account. The first concerns its theoretical foundations. Not only does Barnett invoke a highly contestable theory of contractual rights that does not meaningfully advance her argument, she also fails to explain whether the various normative considerations invoked to support her theory are mutually compatible, and therefore whether her account satisfies her self-imposed criterion of 'coherence'. A second, related, question Barnett's account raises is whether disgorgement for contractual breach is ever justifiable. Like others, Barnett claims that profit-stripping for breach of contract is justified by considerations of 'deterrence' and 'retribution'. But this common view is often too quickly assumed because there are good reasons to doubt whether these two rationales, either separately or in combination, are capable of justifying disgorgement as a response to contractual breach.

Challenging Private Law

Challenging Private Law PDF Author: William Day
Publisher: Bloomsbury Publishing
ISBN: 150993488X
Category : Law
Languages : en
Pages : 528

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Book Description
Lord Sumption has been one of the most influential judges of his generation. This book critically reflects on the important and controversial issues raised by his jurisprudence. Using Lord Sumption's judgments and extra-judicial lectures as a starting point, the book contains a selection of essays that consider 'where next' in relation to topics such as: - contract variation, damages and penalties; - economic loss and personal injury in tort law; - knowing receipt and proprietary restitution; - illegality in private law; - agency and attribution; - piercing the corporate veil; - foreign law in the English courts. The book covers a broad range of areas in private law including contract, tort, unjust enrichment, equity, company and commercial law, as well as private international law and civil procedure.

Money Awards in Contract Law

Money Awards in Contract Law PDF Author: David Winterton
Publisher: Bloomsbury Publishing
ISBN: 1782252959
Category : Law
Languages : en
Pages : 370

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Book Description
The quantification of contractual money awards is a topic of both significant theoretical interest and immense practical importance. Recent debates have ranged from the availability of gain-based relief to the basis for principles of remoteness and mitigation. While these and other important issues, such as the recovery of damages for non-pecuniary loss, are touched upon, the book's principal objective is to challenge the conventional interpretation of the principle generally acknowledged to govern this area of the law, which Parke B famously laid down in Robinson v Harman. According to this conventional interpretation, the objective of all money awards given in accordance with the Robinson v Harman principle is simply to 'compensate' the promisee for the 'loss' that can be attributed to the promisor's failure to perform as promised. After challenging this orthodoxy, Dr Winterton proposes a new understanding of the Robinson v Harman principle, which draws an important distinction between money awards that substitute for the performance promised and money awards that aim to make good certain detrimental factual consequences that can be attributed to a promisor's breach. In exploring the significance of this distinction, the different principles underpinning the quantification and restriction of each kind of award are explored in addition to some important theoretical issues such as the effect that the occurrence of a breach has on the rights generated by contract formation. The book's unifying objective is to outline a coherent picture of the law of contractual money awards. It will be of interest to judges, practitioners and academics alike. Nominated for the 2018 St Petersburg International Legal Forum Private Law Prize!

Disgorgement of Profits

Disgorgement of Profits PDF Author: Ewoud Hondius
Publisher: Springer
ISBN: 3319187597
Category : Law
Languages : en
Pages : 517

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Book Description
Disgorgement of profits is not exactly a household word in private law. Particularly in civil law jurisdictions – as opposed to those of the common law – the notion is not well known. What does it stand for? It is best illustrated by examples. One of the best known being the British case of Blake v Attorney General, [2001] 1 AC 268. In which a double spy had been imprisoned by the UK government before escaping and settling in the former Soviet Union. While there wrote a book on his experiences, upon which the UK government claimed the proceeds of the book. The House of Lords, as it then was, allowed the claim on the basis of Blake’s breach of his employment contract. Other examples are the infringement of intellectual property rights, where the damages of the owner are limited, but the profits of the wrongdoer immense. In such cases, the question arises whether the infringing party should be disgorged of his profits. This volume aims at establishing the notion of disgorgement of profits as a keyword in the discourse of private law. It does not purport to answer the question whether or not such damages should or should not be awarded. It does however aim to contribute to the discussion, the arguments in favour and against, and the organisation of the various actions.

Liquidated Damages and Penalties

Liquidated Damages and Penalties PDF Author:
Publisher:
ISBN: 9780724167296
Category : Breach of contract
Languages : en
Pages : 20

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Book Description


The Principles of the Law of Restitution

The Principles of the Law of Restitution PDF Author: Graham Virgo
Publisher: Oxford University Press, USA
ISBN: 0198726384
Category : Law
Languages : en
Pages : 815

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Book Description
This title seeks to analyse the law of restitution, that body of law concerned with the award of remedies assessed by reference to a gain made by a defendant rather than a loss suffered by the claimant. It focuses on those claims founded on unjust enrichment, and the award of restitutionary remedies.

Landmark Cases in the Law of Restitution

Landmark Cases in the Law of Restitution PDF Author: C Mitchell
Publisher: Bloomsbury Publishing
ISBN: 1847316956
Category : Law
Languages : en
Pages : 269

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Book Description
It is now well established that the law of unjust enrichment forms an important and distinctive part of the English law of obligations. Restitutionary awards for unjust enrichment and for wrongdoing are clearly recognised for what they are. But these are recent developments. Before the last decade of the twentieth century the very existence of a separate law of unjust enrichment was controversial, its scope and content matters of dispute. In this collection of essays, a group of leading scholars look back and reappraise some of the landmark cases in the law of restitution. They range from the early seventeenth century to the mid-twentieth century, and shed new light on some classic decisions. Some argue that the importance of their case has been overstated; others, that it has been overlooked, or misconceived. All persuasively invite the reader to think again about some well-known authorities. The book is an essential resource for anyone, scholar, student or practitioner, with an interest in this fascinating area of the law.

Philosophical Foundations of Contract Law

Philosophical Foundations of Contract Law PDF Author: Gregory Klass
Publisher: OUP Oxford
ISBN: 019102208X
Category : Law
Languages : en
Pages : 417

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Book Description
In recent years there has been a revival of interest in the philosophical study of contract law. In 1981 Charles Fried claimed that contract law is based on the philosophy of promise and this has generated what is today known as 'the contract and promise debate'. Cutting to the heart of contemporary discussions, this volume brings together leading philosophers, legal theorists, and contract lawyers to debate the philosophical foundations of this area of law. Divided into two parts, the first explores general themes in the contract theory literature, including the philosophy of promising, the nature of contractual obligation, economic accounts of contract law, and the relationship between contract law and moral values such as personal autonomy and distributive justice. The second part uses these philosophical ideas to make progress in doctrinal debates, relating for example to contract interpretation, unfair terms, good faith, vitiating factors, and remedies. Together, the essays provide a picture of the current state of research in this revitalized area of law, and pave the way for future study and debate.

Contract Law

Contract Law PDF Author: T. T. Arvind
Publisher: Oxford University Press
ISBN: 0198703473
Category : Law
Languages : en
Pages : 639

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Book Description
A uniquely practical approach to contract law, with a problem-based focus. Engaging and innovative, this new textbook uses problems and illustrations to help students quickly grasp core concepts, identify relevant issues, engage with key debates, and apply their learning to real-life contexts.

The Death of the Irreparable Injury Rule

The Death of the Irreparable Injury Rule PDF Author: Douglas Laycock
Publisher: Oxford University Press, USA
ISBN: 0195063562
Category : Equitable remedies
Languages : en
Pages : 375

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Book Description
The irreparable injury rule says that courts will not grant an equitable remedy to prevent harm if it would be adequate to let the harm happen and grant the legal remedy of money damages. After surveying more than 1400 cases, Laycock concludes that this ancient rule is dead--that it almost never affects the results of cases. When a court denies equitable relief, its real reasons are derived from the interests of defendants or the legal system, and not from the adequacy of the plaintiff's legal remedy. Laycock seeks to complete the assimilation of equity, showing that the law-equity distinction survives only as a proxy for other, more functional distinctions. Analyzing the real rules for choosing remedies in terms of these functional distinctions, he clarifies the entire law of remedies, from grand theory down to the practical details of specific cases. He shows that there is no positive law support for the most important applications of the legal-economic theory of efficient breach of contract. Included are extensive notes and a detailed table of cases arranged by jurisdiction.