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What is Rizal Cement vs. R.S. Tomas: Contract Dispute about?

The court ruled that: 1) R.S. Tomas was guilty of inexcusable delay in completing the projects, breaching their contract with Rizal Cement. 2) R.S. Tomas is liable for liquidated damages as stipulated in the contract for their delay. 3) R.S. Tomas must pay Rizal Cement the amount they paid to another contractor, Geostar, to complete the unfinished work after terminating their contract with R.S. Tomas due to the delay.

Author

Barbie Barbiturates

Language

EN