Liquidated damages, also referred to as liquidated and ascertained damages (LADs), are damages whose amount the parties designate during the formation...
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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...
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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...
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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...
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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...
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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...
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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...
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liquidated damages provision. The Oklahoma Supreme Court rejected Arkla's contention, stating: "Moreover, the deficiency payment is not a liquidated damages...
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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...
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Penal damages are liquidated damages which exceed reasonable compensatory damages, making them invalid under common law. While liquidated damage clauses...
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