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If not carefully drafted, a liquidated damages clause can invite as much litigation as it eliminates. Law.com Products & Resources Law.com Compass Radar VerdictSearch Scholar China Law & Practice ...
The liquidated damages clause covers events such as a missed deadline or a leaked company secret. The damage is real but a precise dollar loss is difficult to pin down.
For example, by including liquidated damages provisions, ... Liquidated damages clauses serve as courts' recognition that “the award of a court or jury is no more likely to be exact ...
Contractors often bemoan the topic of liquidated damages. This is understandable if you have ever had to pay them. But the idea of liquidated damages should not be something to fear. In fact, there ...
Liquidated damages provisions in construction contracts are designed to establish agreed-upon damages in advance, when actual damages are likely to be very difficult to quantify. For example, just ...
For example, the parties should pay attention to climate-conscious clauses that set out their own contractual remedies, such as liquidated damages provisions. A liquidated damages clause requires ...
Cummings Properties, LLC vs. Darryl C. Hines, SJC-13406 (September 25, 2023). LIQUIDATED DAMAGES CLAUSES ENFORCEABLE IN COMMERCIAL LEASES The Massachusetts Supreme Judicial Court (the “SJC ...
The company uses a liquidated damages clause for voluntary termination and also reserves the right to fire anchors for expressing political viewpoints or suffering disabilities that prevent a ...
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