Posts tagged Performance Guarantees.
Tips on Drafting Enforceable and Effective Liquidated Damages Provisions Under Texas Law
Tips on Drafting Enforceable and Effective Liquidated Damages Provisions Under Texas Law
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Liquidated damages provisions are commonplace in construction contracts. One would think that given the strong Texas public policy favoring freedom of contract, bargained for liquidated damages would be easily enforceable in litigation. But Texas law on this issue is counterintuitive and can render a ...

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