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Contract Law Update: Texas Supreme Court Takes Another Look at Liquidated Damages Provisions

Contract Law Update: Texas Supreme Court Takes Another Look at Liquidated Damages Provisions

Companies—especially construction companies—often negotiate contracts that contain liquidated damages clauses. That way, both sides believe they have a fixed damage number that they can depend on without having to litigate actual damages. Hicks Johnson  is a Houston-based litigation firm with an exception trial record and a pragmatic, business-oriented approach.  For more information, please contact Logan E. Johnson and Kathleen S. Rose.