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· 12/23/1993

Mason v. Fakhimi

Citations

  • 865 P.2d 333
  • 109 Nev. 1153
  • 1993 Nev. LEXIS 178

How courts have described this case

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

  • providing that liquidated damages are \the sum which a party to a contract agrees to pay if he fails to perform\ (emphasis added)
  • explaining that a liquidated damages 16 clause constitutes a penalty, and is thus unenforceable, when its purpose is to secure 17 compliance and not reasonably estimate damages
  • observing \that this court may decline to decide an issue that was not fully litigated or decided by the district court\
  • upholding liquidated-damages 18 award that exceeded the actual loss sustained because it was not possible for the plaintiff “to accurately determine what actual damages would be in the event of a breach” at the time of 19 drafting
  • liquidated damages are “arrived at by a good faith effort to estimate the actual damages that will probably ensue from a breach”
  • “In order to prove that such a provision constitutes a 12 penalty, the challenging party must persuade the court that the liquidated damages are 13 disproportionate to the actual damages sustained by the injured party.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Per Curiam

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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.