Liquidated damages

B. Assessing the impact of the California, New York, and Massachusetts statutes on Kansas state pay equity case law With respect to the four divisions differentiating state pay equity statutes nationally, Kansas’s current pay equity statute applies to all employers, public and private, and falls into the “equal work” or “equal worth” category with twenty-one other states. Kansas’s law does not include language that would potentially broaden the scope of comparison employees bringing claims…

From 2008 through 2012, 481 FDIC insured banks were either liquidated or merged with healthier institutions. Credit Unions saw 136 involuntary liquidations or assisted mergers at the hands of the National Credit Union Share Insurance Fund. In 2009, Credit Unions saw their delinquency for mortgage loans peak at 1.61 percent compared to 8.86 percent at the banks. Many of the largest corporate credit unions in the United States invested in troubled mortgage-backed securities which resulted in…

11. On May I, Peters, a concert producer, executed two contracts. The first contract was with Selena, a world-renowned singer, which provided that Selena was to perform a concert at Thomas's theater in Manhattan on July 4 for a fee of $200.000. The second contract was with Thomas, the owner of a theater in Manhattan, under which Peters rented Thomas's theater in Manhattan for the July 4 concert for a rental fee of $20,000. Peters sold out in advance all of the tickets for the concert and would…

Actions Speak Louder Than Silence How could millions of one race allow themselves to be slaughtered by allowing to be placed in ghettos and concentration camps, being exterminated shortly after? In the United States, about 2.6 million people died in the year 2014. Between March 1942 and November 1943, an approximate amount of 1.5 million Jews were killed in Operation Reinhard killing centers. From the very start of the war in 1939, Jews have been placed in Ghettos, created by the Nazis to…

Time is of the of the essence in the contract between Construction Supply and Stadium Builders, in which Construction Supply failed to meet the deadline for a seat installation. Time is generally not of the essence, unless it is established to be of the essence in the contract, or it can be inferred from the behavior of the parties, the object of the contract, or from the circumstances surrounding the agreement. In Drazen v. American Oil Co., 395 A.2d 32 (1978) the dispute arose from a contract…

work. If the contractor is in breach of contract, the employer can terminate the contract or claim from contractor. It is very common practice to mention in the contract that what the damages in different period of time if the contractor fail to meet the completion date. This kind of damage is called liquidated damages. So, when the contractor fails to meet the completion date, he has this liability to compensate the employer since the employer already issue notice for…

Baxendale, 156 Eng. Rep. 145 set the rules to make a distinction between direct and indirect damages. (page 265) The rule sets fourth that the defendant is allowed to received damages caused from the breach itself, and what both parties could have foreseen as a consequence of the breach when the contract was formed. In this case, the plaintiff was the owner of a mill and a crank shaft…

At first, this study quantified the cost of CO on rural road maintenance contracts. Then the study identified the causes of CO and its preventative measures in road maintenance activities. Lastly the study developed change order contingency estimating tool and schedule crashing tool in order to assist in change management system of these contracts. The main conclusions and limitations of these three phase studies are described below. This study determined the amount of CO on road maintenance…

Despite the passing and implementation of specific laws in the United States, there are organizations and individuals who fail to ensure compliance. One such law was officially approved in 1967; the Age Discrimination in Employment Act of 1967 (ADEA). This law prohibits age discrimination by explicitly directing employers, labor organizations, and employment agencies to promote employment of older persons based on their ability rather than age (The Age Discrimination in Employment Act of 1967,…

Kitchin LJ discussed the idea that Rock’s payment of £3,500 would be bound by the rule in Foakes v Beer. This suggests that “an obliger by paying all or part of a due, liquidated, and undisputed obligation suffers no detriment he is not bound to suffer” . From this, Arden LJ, acknowledged that this was a credible interpretation of the contractual position. However, Arden LJ added that her initial view was that the parties…