I don't understand your cellphone comment. Pretty
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I don't understand your cellphone comment.
Pretty much sums it up; apparently, everyone else understood the comment so I won't bother explaining.
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Liquidated damages has NOTHING to do with bargaining power,
Sure it does. If you and I negotiate a contact, and you say, I demand a liquidated damage clause which says whatever, and I say to you (because you have no bargaining power over me in the negotiations) remove it. You say no, and I say, sorry no contract. Now if you want the contract, you will remove it.
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Perhaps you don't know this, but maritime law and patent law are very different animals from regular law.
Maybe, maybe not. I could have used any area of the law, my comment was not limited to maritime law. How about Sports Contracts between players and teams, are they the same, too?
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if you understand when and how liquidated damages clauses are used, which I am happy to explain again if you'd like me to.
No thanks. Not looking for your free legal advice.
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And YES, I know when such clauses are used. This is a perfect case.
Again, not looking for your free legal advice. There is a CRO contract and unless you read it, your speculation (which is what it is) is irrelevant. Let the CRO contract speak for itself.
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