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USA - March 7 2019
In a decision with sweeping consequences for equipment lessors, the bankruptcy court (SDNY) in Republic Airways held that a liquidated damages...
Debra S. Verstandig, Robert M. Vilter.
USA - October 29 2018
Uniform Commercial Code Section 2-A-504 is the applicable law regarding liquidated damages in a lease agreement. Section 2-A-504(1) provides that:...