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· 3/22/1989

Connecticut General Life Insurance v. Schaumburg Hotel Owner Ltd. Partnership (In Re Schaumburg Hotel Owner Ltd. Partnership)

Citations

  • 97 B.R. 943
  • 1989 Bankr. LEXIS 416

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • concluding that, with regard to liquidated damages clause, parties not required to make the best estimation of damages, just one that is reasonable
  • concluding that, with regard to liquidated damages clause, parties not required to make the best estimation of damages, just one that is reasonable
  • “Claims filed in bankruptcy are prima facie presumed valid under 11 U.S.C. § 502(a) and are prima facie proof of their validity under Bankr. R. 3001(f
  • if damages are easily calculable, prepayment penalty will be disallowed
  • damages not calculable when parties executed loan documents

Source: CourtListener parenthetical corpus (CC0).

Judges: Jack B. Schmetterer

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.