Topic: the sum a party to a contract agrees to pay if he breaks so… · Go Syfert
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Topic #43801

2 canonical passages across 2 cases, quoted by 6 opinions in total. These passages cluster together because the same opinions keep quoting them side by side: they state parts of one doctrine. The anchor passage is from In the Matter of the Plywood Company of Pennsylvania, the Plywood Company of Pennsylvania, Debtor.

#Case FlagCanonical passage Citers
1 In the Matter of the Plywood Company of Pennsylvania, the Plywood Company of Pennsylvania, Debtor Anchor
ca3 · 1970
green “the sum a party to a contract agrees to pay if he breaks some promise, and which, having been arrived at by a good faith effort to estimate in advance the actual damage that will probably ensue from the breach, is legally recoverable ... if the breach occurs.” 3
2 Westmount Country Club v. Kameny
njsuperctappdiv · 1964
green “not as a pre-estimate of probable actual damages, but as a punishment, the threat of which is designed to prevent the breach.” 3

A red or yellow flag on a member means the underlying case has negative treatment: for those, check the case page before relying on the passage.

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