Liquidated Damages Provisions: An Update
Liquidated damages clauses are typically (and increasingly) fertile ground for litigation, as evidenced by an extensive and growing body of caselaw on the topic, discussed here.
April 04, 2023 at 10:00 AM
7 minute read
Before he infamously went insane at the twilight of his career, Gaius Marius, the famous Roman general, taught an even more famous Roman, Julius Caesar, that battles are won and lost years before they are even started. Although New York real estate litigators are unlikely to be immortalized in marble busts (most of us, anyway), we are likewise well aware that anticipation and preparation can win legal battles occurring far in the future.
Gary Rosenberg
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