Liquidated damages provisions can provide clarity on certain contracts.
View as Web Page | | | | | | | | | Sponsor Content From: Kira Systems | | |
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| | | | | | | | An analysis of liquidated damages provisions and business restructuring considerations | | | | Hello Voornaam, | | | Chapter 11 bankruptcy filings rose 26% in April. Whether or not you (or your clients) have existing agreements with companies who filed for bankruptcy or you’re considering best options of recovery, liquidated damages provisions can provide clarity on certain contracts.
For our latest study, “Surviving the storm: An analysis of liquidated damages provisions and business reorganization considerations”, we:
analyze the prevalence of liquidated damages clauses in commercial contracts (and the variation in language used in these clauses) explore the significance of liquidated damages in rejected executory contracts outline steps that can be taken to minimize losses during this time, providing guidance in navigating the impacts of Chapter 11 filings Download our study today to learn how you or your clients can make earlier and better-informed decisions while saving time, money, and effort during these critical times. | | |
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