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Law-Now 27 Nov 2024 · United Kingdom

Energy: The meaning of 'Value' and waiver of termination rights

1 min read
In URE Energy Ltd v Notting Hill Genesis [2024] EWHC 2537 (Comm), the English Commercial Court was required to determine the meaning of the word ‘value’ in a termination remedies clause. As the word is widely used in oil and gas, and power contracts the approach...

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