Construction Risk.com Report - $26.9 Million in Liquidated Damages Not a Windfall to Power Plant Owner

$26.9 Million in Liquidated Damages Not a Windfall to Power Plant Owner, ConstructionRisk.com Report, Vol. 12, No. 3, March 2010 - The decision in New Athens is particularly significant regarding the enforceability of liquidated damages provisions.  Liquidated damages provisions are too frequently overlooked, but can - and will - be enforced, often without consideration of actual damages.