Chapman Firm
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Description: Atlanta law firm, offering litigation and dispute resolution services for construction claims.
Michael L. Chapman, P.C. | Putting client needs first. Pursuant to O.C.G.A. § 13-6-7, parties may agree to set liquidated damages for breach of the contract “unless the agreement violates some principle of law.” In Georgia, for a valid liquidated damages provision to be enforceable three factors must exist: (1) the injury must be difficult to estimate accurately; (2) the parties must intend to provide damages instead of a penalty; and (3) the sum must be a reasonable estimate of the probable loss. Three Georgia Supreme Court cases helped to establish these rules.
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WEBSITE Info
| Page title: | Michael L. Chapman, P.C. | Putting client needs first. |
| Keywords: | |
| Description: | |
| IP-address: | 206.188.192.13 |
WHOIS Info
| NS | Name Server: NS1.WORLDNIC.COM Name Server: NS2.WORLDNIC.COM |
| WHOIS | Status: clientTransferProhibited |
| Date | Creation Date: 24-jun-1997 Expiration Date: 23-jun-2018 |