U.S. Court of Appeals for the Fifth Circuit
The Hanover Insurance Company v. Binnacle Development, LLC
Case no.: 21-40662
Date filed: January 12, 2023
A federal appeals court has ruled that an “economic disincentive” clause “look[ed] like a liquidated-damages provision” and was therefore an unenforceable penalty under Texas law.
Binnacle Development LLC awarded contracts to R. ... Log in to view the full text.