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Osborne Clarke

Legal Implications of Contractual Liquidated Damages and Parent Company Guarantees

Legal Implications of Contractual Liquidated Damages and Parent Company Guarantees

This online course delves into the legal aspects of Engineering, Procurement, and Construction (EPC) contracts for solar projects, focusing on a recent landmark case, GPP Big Field v Solar EPC Solutions. The case involved a dispute over contractual liquidated damages provisions and the interpretation of a parent company guarantee in the context of five solar farms. The course explores the key issues addressed by the High Court and their implications for the energy sector and contract law principles.

By the end of this course, you should be able to:

  1. Identify the key issues addressed in the GPP Big Field v Solar EPC Solutions case
  2. Understand the implications of delayed completion on contractual liquidated damages provisions and the concept of accreditation under the renewables obligation certificate (ROC) scheme
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