Kates Nussman Ellis Farhi & Earle, LLP
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Posts tagged "contract"

Liquidated Damages vs. Penalties in a Contract - Cause for Confusion

Court House.jpgIt is a long standing principle that contract terms will be upheld unless there is a specific reason they should not be, for example if they were made under duress or their terms are unconscionable. Penalty clauses are not in the "safe' clauses category. They are often at risk of being invalidated. 

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