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July 2021
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Enforceability of Contractual Liquidated Damages Clauses

By | Published July 30, 2021 | Posted in Business Contracts | Tagged Tags: , , |

Liquidated damages are dollar amounts that parties to a contract agree will be paid in the event of a breach. Setting a fixed amount can be preferable to proving actual damages that might be difficult to ascertain when a breach occurs. Florida courts generally recognize the validity of liquidated damages clauses. However, in order to Read More

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