1MC 2.33% 4.4¢ morella corporation limited

Ann: CVL: Civmec Pursues Altura Lithium for Payment, page-142

  1. 952 Posts.
    lightbulb Created with Sketch. 175
    I disagree. whilst such clauses make it a lot cleaner to determine the penalty amount, at the end of the day a contract relies on delivering what you say you will within a defined period. Altura believe the delays were "attributable" to civmec and civmec believe the reverse.
    although I think we can agree greedy lawyers are the only winners.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.