By H. Clay Parker, Esq. | Published March 30, 2021 | Posted in Business Contracts | Tagged Tags: breach of contract, construction contracts, damages apportionment, damages clauses, liquidated damages |
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Enforcing Liquidated Damages Clauses in Construction Contracts
Liquidated damages are amounts of money that parties to a contract agree are to be paid by one party to the other in the event of a breach of contractual terms. Liquidated damages clauses are common in Florida construction contracts, since they guard against the unpredictable losses that property owners, developers and contractors might suffer Read More
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