Liquidated damages (LDs) are an estimate of intangible or hard-to-define losses to one of the parties in a contract. These damages are to be paid out in the case of a breach of contract ...

Liquidated damages provisions in commercial ... Whether the real estate market is trending up or down. Consequential damages, meaning damages that arise indirectly from the breach, such as the ...

Business groups applauded the move, saying businesses shouldn't be so heavily penalized if they are fully paying their ...

Lawyers should also keep in mind that even if they are successful in defeating a liquidated damage clause, as I have been on several occasions, it does not mean that the coast is clear.

Nevertheless, the courts have recognized that "[t]he term 'grossly disproportionate' in the liquidated damages context does not lend itself to a precise definition." Seymour v. Hovnanian ...

After a bench trial, the court entered judgment in favor of the Town, awarding it liquidated damages as provided in the parties’ contract, but refusing to award actual and consequential damages ...

that a contractor need not fear liquidated damages if terminated by the owner for convenience, rather than for cause. That’s because a termination for convenience, by definition, means that ...

This remedy is called “liquidated damages,” meaning the parties have agreed that a forfeiture of the deposit provides a binding measure of the money damages suffered by the seller caused by ...

meaning that the amount of damages is certain and predetermined. Many printed real estate contracts contain a clause that limits the amount liquidated to the amount of the down payment ...