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
ABC Congratulates Merit Shop-Friendly Executive Branch and Senate
By ABC
The White House and Senate will flip to GOP control for the next four years, boding well for merit-shop legislative efforts.
Legal and Regulatory
Key Legal Issues to Consider Before and After Natural Disasters
By Patrick Kelly
From force-majeure provisions to price-gouging considerations, make sure your legal strategy prepares your construction company to weather any storm.
Legal and Regulatory
Protect Your Construction Business From Tax Bill Uncertainty Around R&E Amortization
By Travis Riley
If you expect taxes on your construction company to be filed a specific way for 2024, you may want to double-check your research and development expenses.