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Liquidated Damages Commercial Litigation Contract Disputes

Lathrop GPM

New Jersey Federal Court Enters Default Judgment for Hotel Franchisor, Requests More Substantiation Before Ruling on Damages

Lathrop GPM on

A federal district court in New Jersey recently entered an unopposed default judgement for breach of contract against Mani Hotels, LLC and Mehulkumar Ahir arising from the early termination of a franchise agreement with Days...more

Morgan Lewis

English High Court Confirms Enforceability of Termination Sum Provisions in JOLCO Structures

Morgan Lewis on

The English High Court has confirmed the enforceability of provisions providing for significant termination payments from a defaulting airline following the termination of an aircraft leasing arrangement using a JOLCO...more

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