Contracts and Commercial Law

Recent Posts

Optional Liquidated Damages Clause Held Unenforceable
Posted on 30 Jul 2014 by Lee Berlik

Liquidated damages are damages the amount of which has been agreed upon in advance by the contracting parties. When a contract contains a liquidated-damages provision, the amount of damages in the event of a breach is either specified, or a precise method... Read More

Virginia Won't Allow You to Blue-Pencil That Non-Compete
Posted on 30 Sep 2014 by Lee Berlik

In Virginia, covenants not to compete (a.k.a. non-competition agreements or simply "noncompetes") are considered restraints on trade and are therefore disfavored in the law. Unlike California, which prohibits them outright , Virginia will enforce... Read More