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Tag Archives: Contract

Court Won’t Enforce Optional Liquidated Damages (access required)

A liquidated damages provision in a real estate contract that would allow seller to keep buyer’s $50,000 deposit and seek additional remedies is unenforceable, a Fairfax Circuit Court holds. Seller and buyer entered into a real estate contract for a ...

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Doc sues former medical partner for fraudulent conveyance – $590,000 Verdict (access required)

The plaintiff, Dr. Raley, joined the defendant, Dr. Haider, in a medical practice from late 2008 through 2009. Plaintiff contended that the defendant promised to make him a co-owner of the practice entity, Minimally Invasive Spine Institute, PLLC (MISI), and ...

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Contractor Has Fraud Claim for Research Contract (access required)

In this dispute over a company’s contract with a university research fund, defendant contractor has stated a counterclaim for fraud with allegations that plaintiff university misrepresented whether its process for converting vegetable oils into biodiesel was ready for commercialization; the ...

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Nuclear energy company sought royalties owed under agreement – $16,075,000 Verdict (access required)

Areva alleged that the Babcock & Wilcox Companies owed it money pursuant to a 2004 sub-license of a nuclear technology agreement. Under that agreement, B & W was supposed to pay Areva a 4 percent royalty on contracts it obtained ...

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