Here's a real-life practice question for 1Ls preparing for their contracts final:
As reported by The Am Law Daily, Akin Gump Strauss Hauer & Feld booked several rooms at the Hotel Del Coronado in San Diego for a partner retreat. However, after making the reservation, they realized that, with the economy as it is, it probably wouldn't be a good idea to spend all that money on a fancy get-away, so the firm cancelled the reservation. The hotel sued for breach of contract, claiming $385,950 in liquidated damages for all those rooms that had been set aside for the partners retreat.
Any thoughts on how this might play out?
From Legal Blog Watch
As reported by The Am Law Daily, Akin Gump Strauss Hauer & Feld booked several rooms at the Hotel Del Coronado in San Diego for a partner retreat. However, after making the reservation, they realized that, with the economy as it is, it probably wouldn't be a good idea to spend all that money on a fancy get-away, so the firm cancelled the reservation. The hotel sued for breach of contract, claiming $385,950 in liquidated damages for all those rooms that had been set aside for the partners retreat.
Any thoughts on how this might play out?
From Legal Blog Watch