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  #1  
Old 07-14-2009, 03:37 PM
parsixfarms parsixfarms is offline
Churchill Downs
 
Join Date: Mar 2007
Location: Saratoga Springs
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Quote:
Originally Posted by dellinger63
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.
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  #2  
Old 07-14-2009, 06:49 PM
Fearless Leader Fearless Leader is offline
Delaware Park
 
Join Date: Mar 2007
Posts: 175
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It is always entertaining when these guys are in the news. Sad, but entertaining.
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  #3  
Old 07-15-2009, 01:10 PM
Merlinsky Merlinsky is offline
Santa Anita
 
Join Date: Sep 2006
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Quote:
Originally Posted by parsixfarms
Punitive damages are typically not permitted in a private contract dispute between parties to that contract.
Yeah see that's why I was confused.
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