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International Law Office

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ILO publishes a series of legal Newsletters which provide expert legal commentary in the form of concise, regular news updates. The Newsletters are written in collaboration with over 500 of the world's leading experts and cover more than 100 jurisdictions.

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Albania

The registration of businesses in Albania is governed by the Law on the National Registration Centre. In light of Albania's obligation to harmonise its laws with EU law, the Ministry of Economic Development, Trade and Undertaking has issued for comment draft changes to this law.

United Kingdom

In recent years liquidated damages have strayed beyond the typical delay and performance damages; they also appear in provisions that on their face do not appear to be liquidated damages provisions at all. As a number of cases illustrate, this expansion of liquidated damages clauses beyond traditional delay and performance failures raises issues as to whether these clauses are enforceable.

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