If you are the owner, however, you also have responsibilities not to interfere with the schedule if you hope to have a chance at recovering liquidated damages from a contractor who delivers a project late.
Even if you don’t end up hiring an attorney to handle your separation or divorce, you would be well advised to get as much information as you can before you even discuss divorce with your spouse. Our laws are complex and even the simplest situation can be very confusing to families already in distress.
Actions you take now may very well affect the outcome of your divorce (see #3) and you need to understand your options ahead of time…
The Court determined this was a liquidated damages provision as a matter of law, and that it did not constitute a penalty.
The Opinion referenced cases from other jurisdictions reaching the same result in a situation the Court described as "rare." The other issue resolved in the Opinion was whether Tuttle could be liable for a breach of the agreement to purchase the nursing facility even though he had not signed it. The Plaintiff responded that the Tuttle was part of a joint venture, that the contract had been signed by an authorized agent of the joint venture, and that it was therefore binding on Tuttle.
An express agreement is not required to prove the existence of a joint venture.
Rather, intent to create a joint venture can be inferred by the conduct of the parties and the surrounding circumstances. These are the five things you must do before you act on any thoughts you have about divorce.These steps are specific to NC divorce, but can be applied to divorce in most states.Chapter 7 of the Bankruptcy Code is the law that provides for liquidation of non-exempt property and distribution of the proceeds to creditors in resolution of debt. Instead, a bankruptcy trustee oversees the process, determining what non-exempt property you may have that can be liquidated, the proceeds of which are distributed to creditors in accordance with the Bankruptcy Code.The bankruptcy law also allows you to keep certain exempt property.The Superior Court of Wake County, North Carolina ordered CAGC Insurance Company (CIC) into liquidation on January 17, 2014.