Hidden Costs Of Franchise Agreements.(Brief Article)

Hotels;  October 1, 2001 ;     700+ words ......include items such as liquidated damage provisions, specialized technology...specific hotel franchise. Liquidated Damage Provision Most franchises...have agreed through a liquidated damage provision exactly...show typical liquidation damage provisions: Courtyard ...

Liquidated Damages

AANA Journal;  April 1, 2008 ;     700+ words ...Keywords: Contracts, liquidated damages. While few of us stop...have unequal bargaining power, a liquidated damage provision can unfairly punish...does one distinguish between a liquidated damage clause and a penalty? First you...fairly clear. Is the purpose of the liquidated ...

Couple splits, stands to lose $50,000 deposit on condo

Chicago Sun-Times;  October 13, 1989 ;     600 words ......still having to help pay for it! A liquidated damage clause in a contract is valid and...It said, "To ascertain whether a liquidated damage provision is merely a penalty and...Avenue's "magnificent mile") was a valid liquidated damage clause and not an illegal penalty...

How the courts treat them.(Legal Side)

Security Dealer;  March 1, 2005 ;     500 words ......limitation of liability provision, or liquidated damage clause. Though some courts treat...limitation of liability provision and the liquidated damage clause are, in fact, two distinct...of liability provision, but not a liquidated damage clause. Other states will favor the...

STATE COURT'S RULING CRACKS DOWN ON LANDLORD FEES.(BUSINESS)

Daily News (Los Angeles, CA);  September 15, 1997 ;     685 words ......its collection of a liquidated damage deposit equal to one...liquidated damages issue. Liquidated damage provisions are allowed in situations...in their contract a liquidated damage provision in which...situation for the use of a liquidated damage ...

To rescind or not to rescind. (Insider).

Security Distributing & Marketing;  February 1, 2003 ;     367 words ......and demonstrated that the liquidated damage provision in the contract...amount set forth in the liquidated damage clause. The Appellate Court...decision, ruling that the liquidated damage clause itself was inadequate...

COMMISSION APPROVES POTENTIAL FINES TO SPEED HIGHWAY PROJECT

The Journal Record;  September 9, 1987 ;     633 words ......the contractors and set a liquidated damage schedule of $1,000 per day...Original contracts contained a liquidated damage clause, but Tuesday's action...supplemental to those accords. Liquidated damage contracts differ from premium...

A practical response to non-response ordinances.(Security and the Law)

Security Distributing & Marketing;  February 1, 2004 ;     527 words ......These events should be covered by the liquidated damage clause in the alarm contract. For...City, the company should review the liquidated damage clause and the companies' response...contained in its contracts. Well drafted liquidated damage clauses should state that the liability...

Late fee for cable Internet service upheld.(SECURITY and the LAW)

Security Distributing & Marketing;  August 1, 2006 ;     511 words ......discussed the applicability of a liquidated damage clause contained in a cable Internet...advocacy group alleged that the late fee liquidated damage provision in the providers' service...two-part test for determining whether a liquidated damage provision was valid. The first ...

Liquidated damage clause upheld.(Security and the Law)(Brief Article)

Security Distributing & Marketing;  January 1, 2004 ;     290 words ......reverse side. The reverse side of the contract contained a liquidated damage clause. The alarm company received a low battery signal...low battery, but limited the damages to the amount of the liquidated damage clause. The plaintiff appealed. The Appellate Court indicated...

RM1m a day

New Straits Times;  November 5, 2004 ;     247 words ......contractor can be liable to pay RM1 million a day of liquidated damage if it fails to deliver the project on time...However, there is a limit to the amount of liquidated damage that can be imposed on the contractor." Malaysia-Chi...

va. lawmakers are coming back. but where's the punch line?(Local)

The Virginian Pilot;  January 6, 2008 ;     447 words ......engaged in a little legislative sleight-of-hand. He proposes that the abuser fees be replaced by liquidated damage fees. Odd. Liquidated damage fees resemble abuser fees, although they would apply to out-of-state motorists, not just Virginians...

Tales of WHOA! Company sues lender over early termination fee.

The RMA Journal;  February 1, 2006 ;     542 words ......borrowers. The court also observed that a liquidated damage clause linked to the maximum amount...commercial parties. What's the point? Liquidated damage clauses are quite common for early...is to uphold a freely negotiated liquidated damage clause where actual damages are ...

MALUNGON TOWN OFFICIALS FACE GRAFT RAPS FOR PURCHASES

The Manila Times;  September 25, 2006 ;     531 words ......withholding taxes in the amount of P111,000 and collect liquidated damage of P239,400 for the delay in the delivery. It also questioned...of using it as his own. As for the withholding tax and liquidated damage, Padernilla said the local government has already collected...

COURT OK'S MADEMOISELLE WORKER CLASS ACTION.

WWD;  January 4, 1999 ;     392 words ......contractor, filed the suit in September 1997 challenging the liquidated damage payments made to UNITE by Claiborne. Their claims arose...employees charged the union bartered away their rights for the liquidated damage payments, while they were provided for by a $750,000 financial...