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Contracts: liquidated damages.

This bill failed and is no longer moving.

CA AB 687 · Assembly Bill · 2015–2016

Stage
Failed
Started in
Assembly
Sponsor
1
Latest action
Feb 1, 2016

What it does

Existing law establishes the general presumption that a contractual provision liquidating the damages for the breach of a contract is valid unless the party seeking to invalidate the provision establishes that the provision was unreasonable under the circumstances existing at the time the contract was made. Existing law excepts from the presumption certain contracts, including those for damages that are to be recovered from a party to a lease of a dwelling.

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

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The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

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Contracts: liquidated damages. | 52