04Jun
Federal Court in PA Finds Liquidated Damages Provision Unenforceable Where the Per Day Liquidated Damage Amount Was Copied from Contracts for Prior Unrelated Projects Rather than a Project-Specific Forecast of Likely Damages
D.A. Nolt, Inc. v. The Philadelphia Municipal Authority, 2020 BL 199761 (E.D. Pa. May 28, 2020) - The Philadelphia Municipal Authority (the “Authority”) contracted D.A. Nolt, Inc. (“Nolt”) to renovate a building that would serve as the City’s new...
By:
Pepper Hamilton LLP
Source Url: https://www.jdsupra.com/legalnews/federal-court-in-pa-finds-liquidated-83972/
Related
COVID-19 travel restrictions have put the aviation industry on the backfoot. M&A will not be an imme...
Read More >
On April 1, 2020, ODOT provided direction on enforcement of COVID-19 social distancing on ODOT proje...
Read More >
President Joe Biden issued on January 25 an Executive Order on Ensuring the Future Is Made in All of...
Read More >
The 359-page emergency Coronavirus Bill received royal assent on 25 March 2020. This newly passed Co...
Read More >
On May 24, 2019, the U.S. Department of Health and Human Services (HHS) issued new proposed regulati...
Read More >
While the impact of the COVID-19 pandemic on the real estate development industry remains unclear, s...
Read More >