The Essential Guide to Liquidated Damages Clauses
Meta Overview: Liquidated Damages Provisions Understand how a Liquidated Damages Clause provides certainty in contracts by pre-determining the compensation for a specific breach. Learn the two critical factors courts use to determine if the clause is a valid estimate of loss or an unenforceable penalty. Decoding the Liquidated Damages Provision: Certainty in Contracts Every contract, […]