Article Date: 05/14/2007

WRONGFULLY TERMINATED CONTRACTOR LIMITED TO NET PROFIT ON UNPERFORMED WORK

Court of Appeals of Tennessee, at Knoxville

Phillips Contractors and Management, LLC v. Stealth Group, LLC

No. E2006-01960
May 10, 2007

Overview

A Tennessee court has ruled that when a project owner improperly terminated a contractor prior to project completion, the contractor’s recovery was limited to the net profit it would have earned on the unperformed work. The ... Log in to view the full text.

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