Parties in commercial agreements may sometimes look to agree upon certain sums or other ‘payments’ that are to be paid by one party to the other following a breach of certain provisions of the agreement by the first party.
On 28th December 2015 the government published a consultation document on the proposal, previously announced by the Chancellor in the Autumn Statement on 25th November 2015 ...
The ever increasing use of the internet has led to rapid growth in the number of consumers shopping online and most retailers can no longer afford to ignore this lucrative market.