Website Heading

CALIFORNIA CORPORATE & SECURITIES LAW

California And Liquidated Damage Clauses

California Civil Code Section 1671(b) provides that “a provision in a contract liquidating the damages for the breach of the contract is valid unless the party seeking to invalidate the provision establishes that the provision was unreasonable under the circumstances existing at the time the contract was made”.  There are several key exceptions to this standard.  First,…

Share on:

California, Nevada and 38 Other States Have These, But Delaware Doesn’t

According to the National Center for State Courts, forty states, including California and Nevada, have established intermediate courts of appeal.  California’s Court of Appeal was established by a constitutional amendment adopted by the voters in November 1904.  Originally, the Court of Appeal was comprised of three districts, with the First District sitting in San Francisco,…

Share on: