Article Date: 01/05/2012

OWNER ALLOWED TO ASSESS LIQUIDATED DAMAGES AFTER DEFAULT

United States Court of Appeals for the Eighth Circuit

The Weitz Company, LLC v. MacKenzie House, LLC

No. 10-3713
December 8, 2011

Overview

A federal appeals court, applying Missouri law, has ruled that when a contract is terminated for default after the contractual completion deadline, the project owner may continue to assess liquidated damages for a ... Log in to view the full text.

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