Pop it in your calendars
Pop it in your calendars
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320 comments
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Oooh, there's a lawsuit waiting to happen.
$250M PLUS legal costs PLUS $250M in punitive fees. That should hurt them a bit.
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You can't typically get punitive damages for contract disputes. Also, there is a very real possibility that the contract hasn't been breached by the new owners' actions. It sounds like they used their superior bargaining power to put a lot of questionable yet enforceable provisions in the contract.
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Ive heard of it once where the defendant litterally wrote a book on how to use overseas buisness to pull off scams like the one he was being accused of
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Punitive damages can be awarded for bad-faith bargaining, which definitely seems to be the case here.
It's a stretch perhaps, but that's what I think would be reasonable.
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Typically, conduct would have to rise to the level of fraud to justify punitives in a contract based dispute. That's a very high hurdle in most jurisdictions. Also, at that point the conduct complained of would likely be based in tort, not contract.
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By what law?
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Not a lawyer but I'm guessing it would have to be proven as a justifiable delay.
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That’s easy, just say there were features they wanted
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320 comments