Presentation given at the Melbourne Member Meeting September 2014.\r
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Matthew Lees explores the practical issues with indemnities, liquidated damages and general law damages.\r
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Three types of damages\r
General damages (or 'unliquidated damages')\r
Liquidated damages (or 'agreed damages')\r
Indemnity\r
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Differences\r
Quantification\r
Causation, remoteness and duty to mitigate\r
Limitation period\r
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When are they appropriate / inappropriate?
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