Article Date: 11/23/2009

LIQUIDATED DAMAGES OF $26.9 MILLION WERE NOT AN UNENFORCEABLE PENALTY

Superior Court for the District of Columbia

Athens Generating Company, L.P. v. Bechtel Power Corporation

No. 6085-09

Overview

A utility company has recovered liquidated damages from a contractor at the stipulated rate of $49,000 per day for each of three gas turbines. Although liquidated damages totaled $26,950,000, the daily rate was a reasonable forecast ... Log in to view the full text.

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