IMO depends how the contract was written. If in fact there is a clause that says he should have right of approval for any sale of 10% or more he is entitiled to punitive damages in addition to real damages which may be the essence of the case. Wish it was Federal so we could see the whole complaint
Punitive damages are typically not permitted in a private contract dispute between parties to that contract.
07-14-2009, 03:37 PM
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