Episode 23: Show Me the Money – Expectation Damages
Organized: The Business Law Breakdown
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Show Notes
Explore the primary remedy for breach of contract: expectation damages. Professor Oranburg delves into how courts calculate damages to put the non-breaching party in the position they would have been in had the contract been performed. You’ll learn about concepts like foreseeability, certainty, and mitigation of damages. Through engaging examples and landmark cases, understand how damages are quantified in different scenarios and the limitations on recovery. Gain practical knowledge about protecting your interests in contract drafting and what to expect if a breach occurs.