Legal and Regulatory
Liquidated Damages: A Dangerous Afterthought
Liquidated damages are a substitute for the “actual damages” an owner would otherwise be able to recover in the event of an unexcused project delay. They are intended to provide a measure of damages that otherwise would be difficult and costly to ascertain.
By Trevor B. Potter
December 4, 2018
Topics
Legal and Regulatory
by Trevor B. Potter
Trevor B. Potter is a litigation associate in the Orange County, Calif. office of Cox, Castle & Nicholson LLP, a full-service law firm focused on real estate. Trevor is an experienced construction lawyer that represents owners and contractors in a wide range of disputes, with a particular emphasis on the litigation of construction claims involving project delay and cost overruns. Trevor’s state and federal trial court practice also includes real estate, real property and business disputes. Cox, Castle & Nicholson LLP is a full-service law firm focused on real estate.
Related stories
Legal and Regulatory
Department of Defense Eliminates Biden’s Controversial Project Labor Agreement Mandate Policy
By ABC
After the Biden Administration's PLA mandate was rolled back, the DoD follows suit.
Legal and Regulatory
Pressing Questions: Construction Leaders Address the Decade's Top Concerns
By David McMillin
Some of the brightest minds in the industry discuss their hopes and fears for the year ahead—and beyond.
Legal and Regulatory
Low Cost, High Risk: Don't Cut Corners When It Comes to Construction Materials Trade
By Scott Berman
Artificially discounted construction equipment and materials from China have
been a proverbial siren song to contractors facing increasing input costs, but there can be dire problems and unseen costs.