FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / memo-liquidated-damages-enforceability.docx
memo-liquidated-damages-enforceability.docx · 1012-00005

Parties

HARKNESS LLP
Vantor Holdings Corp
Stonefield Logistics Group Inc
Vantor Transport Services LLC
Kensington Analytics Group LLC
TSA Stonefield Logistics Group Inc
Ashford Meridian LLP
Shapiro LLP

Dates

September 19, 2022
March 15, 2019
March 4, 2022
March 31, 2024
October 14, 2022
December 31, 2021
December 31, 2022
April 1, 2019
March 31, 2026
May 23, 2022

Amounts

$43,200,000
$67,230,000
$64,800,000
$2,430,000
$95,400,000
$67.23
$8.2
$43.2
$10.4
$28.17

Obligations

The Liquidated Damages Amount shall be due and payable within thirty (30) calendar days following the effective date of termination
The enforceability analysis set forth in this memorandum is therefore relevant only if the Court concludes that the termination was not valid for Cause — a contingency that must be prepared for
There is a presumption of validity, and the challenger must overcome this presumption through affirmative evidence or argument
While mathematical precision is not required — and the whole point of a liquidated damages clause is to avoid the necessity of precise calculation — the stipulated amount must bear some rational relationship to the anticipated harm