TERMINATION CLAUSE WAS UNENFORCEABLE PENALTY
Court of Appeals of Minnesota
Priester Construction Co. v. Hansen
August 3, 2010
court has ruled that a termination clause in a private construction contract
was an unenforceable penalty. The clause called for the project owner to pay
the contractor 20 percent of the contract price in the event of a termination
for any reason.
Catherine A. ... Log in to view the full text.