Damages for breach of an arbitration agreement
Damages for breach of an arbitration agreement
For a party to an arbitration agreement to bring an action other than in the agreed forum is a breach of an arbitration agreement. Damages are not usually an appropriate remedy, but recent years have seen the courts awarding substantial damages for breach of arbitration and similar agreements. This article considers the basis, upon which damages should properly be awarded, on the assumption that normal contractual rules should apply. Both common law and equitable damages have been awarded, and the article considers the proper role for both. It suggests that the courts do not always pay proper regard to principle, the reasoning in the cases too often being clouded by other considerations
Arbitration; Contracts; Damages; Equitable remedies; Privity of contract
404-424
Todd, Paul
ccd4b3f3-16ae-474f-90ac-bba7d8bba9fc
1 July 2018
Todd, Paul
ccd4b3f3-16ae-474f-90ac-bba7d8bba9fc
Todd, Paul
(2018)
Damages for breach of an arbitration agreement.
Journal of Business Law, 5, .
Abstract
For a party to an arbitration agreement to bring an action other than in the agreed forum is a breach of an arbitration agreement. Damages are not usually an appropriate remedy, but recent years have seen the courts awarding substantial damages for breach of arbitration and similar agreements. This article considers the basis, upon which damages should properly be awarded, on the assumption that normal contractual rules should apply. Both common law and equitable damages have been awarded, and the article considers the proper role for both. It suggests that the courts do not always pay proper regard to principle, the reasoning in the cases too often being clouded by other considerations
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Damages for breach of an arbitration agreement
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Accepted/In Press date: 8 August 2017
Published date: 1 July 2018
Keywords:
Arbitration; Contracts; Damages; Equitable remedies; Privity of contract
Identifiers
Local EPrints ID: 422426
URI: http://eprints.soton.ac.uk/id/eprint/422426
ISSN: 0021-9460
PURE UUID: c128e0eb-5232-4ca3-88b7-32be83ef9564
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Date deposited: 23 Jul 2018 16:31
Last modified: 16 Mar 2024 05:37
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