Ask Anyone to name the richest man in America, and they are likely to answer “Bill Gates.” The founder of Microsoft made his fortune not by owning land (called “real property” in the law) or things (“personal property”), but by creating and...
If a Company cancels a meeting contract, computing the actual losses to the hotel's business can be cumbersome. For that reason, most hotel contracts use the concept of “liquidated damages,” agreeing in advance what the damages will be if the...