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Liquidated Damages

Liquidated Damages Clause Doesn’t Hold Water

March 31st, 2023

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In Brief: The method for calculating liquidated damages isn’t simple math. Here’s What Happened: SIS, LLC was about to bid on a project that required certain software packages. To prepare the bid, SIS approached Stoneridge Software, Inc. as a possible subcontractor. SIS and Stoneridge executed a confidentiality agreement, prohibiting any party who receives confidential information […]


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