Liquidated damages are intended to provide predictability to the owner and contractor as to the financial consequence of not completing a project in ...

A federal court in New Jersey recently granted summary judgment against the guarantor of a hotel franchise agreement, requiring him to pay ...

The Elkhart County Judicial Center is finally nearing completion. Substantial completion, previously set for Jan. 17, is now ...

There is a stark contrast between the legal principles surrounding liquidated damages and how these clauses are often drafted ...