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Tag Archives: Duty to Mitigate

What is the Duty to Mitigate Contract Damages?

By Michael Pike and Daniel Lustig |

Consider the following scenario: company A and company B recently signed a $50,000 purchase agreement. The agreement stipulates that company A must deliver a certain product on the morning of January 1st. However, when company A shows up to make the delivery, a representative from company B states that they changed their mind and… Read More »

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