Liquidated damages, also referred to as liquidated and ascertained damages (LADs), are damages whose amount the parties designate during the formation...
18 KB (2,311 words) - 19:32, 21 September 2023
damages which the parties contracted as liquidated, but which the court nonetheless found to be penal. To determine whether a clause is a liquidated damages...
32 KB (4,213 words) - 18:27, 28 September 2024
Punitive damages, or exemplary damages, are damages assessed in order to punish the defendant for outrageous conduct and/or to reform or deter the defendant...
23 KB (3,302 words) - 21:51, 5 November 2024
Legal remedy (section Legal remedies (damages))
damages Expectation damages Reliance damages Punitive damages Nominal damages Liquidated damages Statutory damages Treble damages Award of attorney's...
21 KB (3,254 words) - 19:24, 8 January 2024
Statutory damages are a damage award in civil law, in which the amount awarded is stipulated within the statute rather than being calculated based on...
7 KB (819 words) - 01:57, 23 July 2020
Consequential damages, otherwise known as special damages, are damages that can be proven to have occurred because of the failure of one party to meet...
6 KB (769 words) - 10:59, 24 February 2024
liquidated damages provision. The Oklahoma Supreme Court rejected Arkla's contention, stating: "Moreover, the deficiency payment is not a liquidated damages...
5 KB (682 words) - 04:38, 19 December 2024
Penal damages are liquidated damages which exceed reasonable compensatory damages, making them invalid under common law. While liquidated damage clauses...
3 KB (377 words) - 03:22, 6 April 2023
liquidated damages is to provide certainty and to avoid both the bother and cost of legal proceedings. It is well established that liquidated damages...
7 KB (981 words) - 05:30, 8 October 2024
Adequate remedy (section Liquidated Damages)
liquidated damages. The objectives to fulfil the remedies is to make the plaintiff or suffering party not to suffer, the law allows several damages or...
18 KB (2,222 words) - 05:03, 30 September 2024
Restitution and unjust enrichment (redirect from Restitution damages)
is the field of law relating to gains-based recovery. In contrast with damages (the law of compensation), restitution is a claim or remedy requiring a...
36 KB (4,807 words) - 20:17, 27 October 2024
States law, treble damages is a term that indicates that a statute permits a court to triple the amount of the actual/compensatory damages to be awarded to...
3 KB (510 words) - 17:37, 30 September 2023
Incidental damages refers to the type of legal damages that are reasonably associated with, or related to, actual damages. In American commercial law,...
680 bytes (74 words) - 21:03, 1 November 2020
same resale price maintenance agreement but ruling on the concept of liquidated damages. Under the modern law of the Competition Act 1998 or EU competition...
4 KB (442 words) - 20:54, 5 December 2024
unconventional damage measures liquidated. The common law courts then continued to revisit the provisions of liquidated damage provision from the "breacher"...
11 KB (1,534 words) - 05:02, 28 November 2024
fourteen causes of action:: i, iv Failure to Pay Minimum Wage: 34–35 Liquidated Damages for Failure to Pay Minimum Wages: 36 Failure to Pay Overtime Wages: 36–37 ...
24 KB (2,005 words) - 05:39, 22 December 2024
operations of loading/unloading. Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract...
8 KB (976 words) - 14:32, 13 November 2024
available in the sale of land law, but otherwise is not generally available if damages are an appropriate alternative. Specific performance is almost never available...
16 KB (2,080 words) - 23:57, 3 December 2024
construction rules to rule that the DPPA's liquidated damages do not accrue to a plaintiff unless he can show actual damages. Kehoe appealed to the 11th Circuit...
14 KB (1,874 words) - 04:11, 2 October 2024
hiring a collection agency. Some contracts and regulations prescribe liquidated damages for collection costs. When collection costs occur, the debtor has...
854 bytes (83 words) - 04:41, 20 November 2023
thirteen causes of action:: iv Failure to Pay Minimum Wage: 34–35 Liquidated Damages for Failure to Pay Minimum Wages: 36 Failure to Pay Overtime Wages: 36–37 ...
13 KB (1,130 words) - 20:31, 10 December 2024
prevailing plaintiff may be awarded: (1) compensatory and punitive damages; or (2) liquidated damages of $10,000. Specifies the statute of limitations for civil...
22 KB (2,006 words) - 07:38, 20 November 2024
Canadian contract law (section Damages)
territories, compensatory and restitutionary damages may be determined by jury. Liquidated damages, in contrast, are damages prescribed by the terms of the contract...
124 KB (16,695 words) - 13:19, 25 October 2024
declaratory judgment does not by itself order any action by a party, or imply damages or an injunction, although it may be accompanied by one or more other remedies...
12 KB (1,602 words) - 18:15, 19 December 2024
Reliance damages is the measure of compensation given to a person who suffered an economic harm for acting in reliance on a party who failed to fulfill...
7 KB (1,053 words) - 20:02, 18 August 2024
Dreyfus Company, a French commodities trading firm Liability damages Liquidated damages Liberian dollar, the currency of Liberia Libyan dinar, the currency...
5 KB (647 words) - 23:18, 11 August 2024
unilateral mistake regarding the terms or conditions of a contract or a liquidated damages clause. Relief for unilateral mistake may be granted if the mistake...
28 KB (3,873 words) - 01:04, 12 April 2024
reputation Speculative damages Liquidated damages and penalty Quantum meruit Exemplary or punitive damages Vindicatory damages Damages Robinson v Harman (1848)...
4 KB (416 words) - 01:30, 30 June 2023
criteria must be satisfied: (i) Common law damages must be an inadequate remedy. For instance, when damages for a breach of contract found in favour of...
8 KB (1,041 words) - 09:38, 8 May 2024