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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Paragon Group, Inc. v. Ampleman, 878 S.W.2d 878 (1994)

Citation
Paragon Group, Inc. v. Ampleman, 878 S.W.2d 878 (1994)
Parent Document
Paragon Group, Inc. v. Ampleman, 878 S.W.2d 878 (1994)
Jurisdiction
Missouri (state)
Effective Date
1994-06-28

Other Sections in This Document (46)

Full Text

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750 S.W.2d at 525[1]. Liquidated damages are a measure of compensation which, at the time of contracting, the parties agree shall represent damages in case of breach. Goldberg v. Charlie’s Chevrolet, Inc., 672 S.W.2d 177, 179[4] (Mo.App.1984). Penalty clauses, on *881 the other hand, are a punishment for breach. Id. at 179[5].