Source: Article from Clyde & Co via mondaq.com 7 September 2017
“Why complying with an agreed international standard can still land you in stormy waters.
In a decision that may come as a shock to many, and that will have potentially wide-reaching ramifications for English law contracts, the UK Supreme Court has overturned the Court of Appeal’s decision in the long-running Robin Rigg offshore wind farm dispute, by finding in favour of E.ON Climate & Renewables (E.ON).
This decision could significantly affect the risk assessment of existing contracts, as well as insurance and finance arrangements, in the offshore wind farm sector and beyond.”
“Going forwards, contractors in particular should be aware of this decision and the increased risk that it potentially entails. Now, more than ever, the importance of clearly drafted contracts cannot be overstated.”